What Does OMB Stand For?

OMB stands for Office Of Management And Budget

The Office of Management and Budget (OMB) is a key office within the Executive Office of the President of the United States. It is responsible for overseeing the preparation of the federal budget, coordinating fiscal policy, and ensuring the efficient implementation of government programs. OMB also evaluates the effectiveness of agency programs, develops measures to improve performance, and assesses regulatory policies. Through its functions, OMB plays a critical role in shaping the administration's budgetary priorities and enhancing the accountability of government expenditures.

Other Meanings for OMB