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

GAO: Treasury's accounting policies for agency financial statements aren't sufficient

The Treasury Department doesn't employ sufficient accounting policies to know whether an agency's consolidated financial statement is accurate, a June 19 Government Accountability report says. Accounting policies summarize the accounting principles that an agency's management has decided are appropriate for fairly presenting the agency's assets, liabilities, net cost of operations and changes in net position, the  report  says.

VanRoekel: FITARA has 'the right themes', but more comprehensive approach needed

The Federal Information Technology Acquisition Reform Act, which  passed in the House  May 22 as part of the fiscal 2015 National Defense Authorization Act (H.R. 4435), received a subtle endorsement from Federal Chief Information Officer Steven VanRoekel on June 19.

GAO: OMB doesn't always properly track cross-agency goals

The Office of Management and Budget isn't doing enough to assess cross agency priority goals, a June 10 Government Accountability Office report says. The GPRA Modernization Act requires OMB to coordinate with agencies to develop the CAP goals with annual or quarterly targets and report progress on

Donovan promises to cut floundering programs

President Obama's pick to head up the Office of Management and Budget told a Senate panel Wednesday he'd focus on cutting back government expenses to help fund other priorities like education. Shaun Donovan, who most recently led the Housing and Urban Development Department, said he'd use analytics and metrics to measure program performance and consolidate or eliminate those programs that don't work.

NIST guidance helps agencies break from static IT system reauthorization cycle

In a November 2013 memorandum, the Office and Management and Budget told agencies they could abandon a security reauthorization process required every three years in favor of ongoing authorization of information systems. Now, the National Institute of Standards and Technology is advising agencies on how exactly to make that transition.

OFPP to issue contractor past performance guidance this summer, says OMB official

The Office of Management and Budget wants agencies to have greater transparency into contractors' past performance before they sign on the dotted line. "We are a couple of weeks from issuing additional guidance that broadens the sources of past performance information," said Lesley Field, acting administrator of OMB's Office of Federal Procurement Policy.

Agencies fail to consistently apply cyber response practices

Across the board, major federal agencies are not consistently responding to cyber incidents, such as computer network breaches. About 65 percent of the time agencies aren't completely documenting actions taken in response to detected incidents, concludes the Government Accountability Office.

OMB resists call to lead on underused software licenses

The lack of Office of Management and Budget guidance on managing software licenses drew criticism from the Government Accountability Office in a recent report, but OMB says it has done enough.

Obama to nominate HUD director to top OMB spot

The head of Housing and Urban Development is set to be nominated to take over the top spot at the Office of Management and Budget, the New York Times reported Friday. President Obama will nominate HUD Secretary Shaun Donovan to take the place of current OMB Director Sylvia Mathews Burwell, who was recently nominated to take over the Health and Human Services Department and will likely gain Senate confirmation, a May 17 article says.

GAO sides with agencies on unrealistic guidance for major IT projects

It's unrealistic for agencies working on major information technology projects to produce functional parts of those projects every six months, as required by the Office of Management and Budget, says a report from the Government Accountability Office.