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1 (March 31, 2006)

handle is hein.crs/crsaiip0001 and id is 1 raw text is: Order Code RS21665 Updated March 31, 2006 CRS Report for Congress Received through the CRS Web Office of Management and Budget (OMB): A Brief Overview Clinton T. Brass Analyst in American National Government Government and Finance Division Summary The Office of Management and Budget (OMB) is located within the Executive Office of the President (EOP). As a staff agency to the President, OMB acts on the President's behalf in preparing the President's annual budget proposal, overseeing the executive branch, and helping steer the President's policy actions and agenda. In doing so, OMB interacts extensively with Congress in ways that are both visible and hidden from view. This report provides a concise overview of OMB and its major functions, and highlights a number of issues influenced by OMB in matters of policy, budget, management, and OMB's internal operations. This report will be updated annually. Capsule History of OMB. The Office of Management and Budget traces its origin to 1921. Established as the Bureau of the Budget (BOB) within the Treasury Department by the Budget and Accounting Act, 1921 (42 Stat. 20), it functioned under the supervision of the President.! Reorganization Plan No. 1 of 1939 (53 Stat. 1423) transferred the bureau to the newly created Executive Office of the President (EOP). Subsequently, BOB was designated as the Office of Management and Budget (OMB) by Reorganization Plan No. 2 of 1970 (84 Stat. 2085). Concern about OMB's accountability prompted Congress to make the director and deputy director subject to Senate confirmation in 1974 (88 Stat. 11). Congress also established four statutory offices within OMB to oversee several cross-cutting processes and management matters. * The Office of Federal Procurement Policy Act (88 Stat. 796) established the Office of Federal Procurement Policy (OFPP) in 1974. This law and others cited in this report are summarized in CRS Report RL30795, General Management Laws: A Compendium, coordinated by Clinton T. Brass. The BOB director and assistant director were appointed by the President without Senate confirmation. The title of assistant director was changed to deputy director by the First Independent Offices Appropriation Act, Fiscal Year 1954 (67 Stat. 299). Congressional Research Service 4- The Library of Congress

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