The Office of Management and Budget is a cabinet-rank office within the Executive Office of the President.  The OMB was organized by the Nixon administration from the previous Bureau of the Budget. Its main function is to assist the president in overseeing the formation of the budget and its implementation in government agencies. 
The management component of OMB oversees personnel, information technology, financial transactions and federal procurement policy-related actions. One of the offices within this side of the OMB is the Office of E-Government and Information Technology, which is headed by the appointed federal government's chief information officer. Click here for a complete organizational chart. Agency officials often elaborate on official memoranda and executive orders with posts to the OMB blog.



Latest Headlines

Latest Headlines

Financial system shared services still lacks governance model

Establishing a governance model for the latest Office of Management and Budget attempt to move federal financial managed systems onto a shared systems model remains an unfinished priority, officials said during a Sept. 25 panel.

OMB aims to cut complexity of financial systems

The new guidance, issued as Appendix D to Circular No. A-123, will eliminate what an OMB memo (.pdf) calls the "lengthy and resource-intensive" test and certification process for financial system software. Agencies will also no longer need to meet all financial management system requirements through one technology product. data deteriorating, says Lee

Since's launch 6 years ago, the quality of financial data reported by agencies has worsened, said Tom Lee, director of the Sunlight Foundation's Sunlight Labs. "According to the United States spent zero dollars on Medicare insurance and zero dollars on Medicare prescription drugs in 2011, 2012 and 2013," Lee told a Senate Committee.

NIST electronic authentication update addresses mobile

The National Institute of Standards and Technology recently published an update to its electronic authentication guidance published in 2011 with a focus on remote authentication of individuals over an open network.

OMB issues guidance for government shutdown

Agencies should prepare for a government shutdown by updating what programs would be exempt from a shutdown and which employees would be necessary for the agency's continued performance of those programs, a Sept. 17 Office of Management and Budget memo says. House Speaker John Boehner (R-Ohio) pledged Wednesday to attach an amendment to the continuing resolution that would defund the Affordable Care Act.  

Accuracy of IRS tax gap estimate questioned

The way that the Internal Revenue Service estimates the difference between taxes owed and taxes voluntarily paid on time has a number of flaws, the Treasury Inspector General for Tax Administration says.

GAT Board's limited authorities concern GAO

The Government Accountability Office is concerned that the Government Accountability and Transparency Board is hamstrung because it has no dedicated funding, no role in actual policy implementation and has not developed mechanisms for obtaining input from non-federal fund recipients.

Spotlight: Obama to nominate Cobert for OMB position

The White House announced Sept. 10 that it will nominate Beth Cobert as the new deputy director for management at the Office of Management and Budget.

OMB lays out guidance to prevent purchase card fraud

The Office of Management and Budget issued guidance in a Sept 6 memo against fraudulent charge card use and governmentwide penalties for it that include dismissal.

OFPP tasks FAI with standardizing procurement training and employee information

Office of Federal Procurement Policy Administrator Joseph Jordan tasked the Federal Acquisition Institute to standardize procurement training and offer a one-stop shop for procurement employee information and reporting through FAI's Training Application System, a Sept. 3 OFPP memo says (.pdf). All civilian agencies must use FAITAS as their training registration system for agency-provided acquisition training "as soon as possible, but no later than Oct. 1, 2014," the memo says.