Annotation: The U.S. Office of Management and Budget (OMB)'s predominant mission is to assist the President in overseeing the preparation of the federal budget and to supervise its administration in Executive Branch agencies. In helping to formulate the President's spending plans, OMB evaluates the effectiveness of agency programs, policies, and procedures, assesses competing funding demands among agencies, and sets funding priorities. OMB ensures that agency reports, rules, testimony, and proposed legislation are consistent with the President's Budget and with Administration policies. In addition, OMB oversees and coordinates the Administration's procurement, financial management, information, and regulatory policies. In each of these areas, OMB's role is to help improve administrative management, to develop better performance measures and coordinating mechanisms, and to reduce any unnecessary burdens on the public. Working with other Federal agencies, it provides an online directory of Federal programs (http://www.whitehouse.gov/omb/expectmore) that lists ratings of how well the programs are performing.
Keywords: Federal agencies, Government financing, Program evaluation
