The Office of Management and Budget is a cabinet-rank office within the Executive Office of the President (EOP).  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 (E-Gov), 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. The OMB website also has interactive features to help citizens better understand the budget, such as this fiscal 2012 budget tool.

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Latest Headlines

Latest Headlines

OMB gives cross-agency goal update

The  update , posted by the Office of Management and Budget March 12 on performance.gov, shows mixed results in those cross-agency goals and provides information on 103 agency-specific priority goals.

Sequestration will impact private businesses and federal employees

According to Office of Management and Budget, the Small Business Administration is set to lose more than $92 million in funding, roughly $69 million of which goes to fund disaster loans and business loans, under the sequestration that came into force March 1.

Sequestration comes into effect

The Office of Management and Budget has outlined the budget cuts that must be applied to the federal government under sequestration, but there is no political consensus on their economic impact. "According to analysis by outside experts, sequestration would reduce real GDP growth for 2013 by 0.5 to 0.7 percentage points were it to continue for the rest of the calendar year," says the White House.

NIST set for $38M sequester; NTIA for $11M

Two Commerce Department agencies heavily involved in federal information technology effort will have $49 million deducted from their budgets over the remainder of the fiscal year due to sequestration.  In a Feb. 8  letter  (.pdf), Acting Commerce Secretary Rebecca Blank said sequestration cuts at NIST "would largely fall on grants, contracts, equipment procurements, deferment of open positions, and cuts in the repair and maintenance of NIST facilities."

FEMA sequestration subtracts $1.13 billion

An Office of Management and Budget  report  (.pdf) on how across-the-board cuts will impact individual agencies shows that FEMA will have about 5 percent of its budget subtracted from it. In raw dollars, the greatest amount comes from disaster relief, which will lose $928 million, with state and local programs set to lose $117 million, the second greatest amount.

Travel restrictions and cuts have saved $2B so far, says OMB

Efforts to reduce overall travel and increase oversight in travel and conference spending have saved the federal government roughly $2 billion from fiscal 2010 to fiscal 2012, says Daniel Werfel, controller at the Office of Management and Budget.

GAO: rules for human services data sharing, privacy need clarification

States and localities effectively exchange data to improve administrative efficiency and client services for federal human services programs, while protecting the beneficiaries' privacy and personal information, according to a Government Accountability Office  report  (.pdf).

House votes for refreezing federal employee pay

The House voted on Friday to freeze federal worker pay for the third year in a row, through legislation that attempts to override a Dec. 27  executive order  from President Obama. The Office of Management and Budget on Feb 13 released a  statement  (.pdf) opposing the bill, saying a 0.5 percent pay raise would help keep the federal government competitive for attracting talent.

Modular system development mitigates risk, says Werfel

Federal agencies should embrace modular development because it lessens the dangers of information technology project failure, said  Daniel Werfel, federal controller for the Office of Management and Budget. The biggest benefit to this type of development, said Werfel, is that if a project's goal changes or the initial goal becomes irrelevant, modular systems are a smaller investment and typically flexible enough to be adapted to new pursuits.

OFPP says strategic sourcing would improve federal spending

The federal government could get a better value for purchased goods and services by increasing its use strategic sourcing and sharing related data, says Joe Jordan, administrator of the Office of Federal Procurement Policy. Eventually, said Jordan, strategic sourcing could be used for $150 billion of the more than $500 billion the government annually spends on goods and services.