office of management and budget
- Proper noun:
- The executive agency that advises the President on the federal budget: The Office of Management and Budget (OMB) is a component of the Executive Office of the President of the United States. Its primary role is to assist the President in preparing the federal budget and to oversee its administration in executive branch agencies.
- Proper noun:
- The Office of Management and Budget released its annual budget proposal to Congress.
- All major regulations must be reviewed by the Office of Management and Budget before implementation.
- The director of the Office of Management and Budget is a key advisor to the President on fiscal policy.
"OMB clearance": Refers to the approval process administered by the Office of Management and Budget for federal agencies to collect information from the public.
- The survey cannot be distributed until it receives OMB clearance.
"OMB circular": An official document issued by the Office of Management and Budget to establish policy for executive branch agencies.
- The new financial reporting requirements are outlined in an OMB circular.
OMB (abbreviation): The common acronym for the Office of Management and Budget.
- The OMB plays a critical role in the budgetary process.
Budget office: A general term for an organization that prepares budgets, which can refer to similar offices at different levels of government or in private organizations.
- Budget agency: A general term for a government office responsible for budgetary matters.
- Executive budget office: A descriptive synonym emphasizing its role within the executive branch.
To be subject to OMB review: A phrase indicating that a proposal or action must be evaluated by the Office of Management and Budget.
- All significant regulatory actions are subject to OMB review.
OMB scorekeeping: The process by which the Office of Management and Budget tracks the budgetary effects of proposed legislation.
- The bill's cost will be determined through OMB scorekeeping.
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the executive agency that advises the President on the federal budget
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