United States Office of Management and Budget
The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent fuction is to prepare the President's budget proposal to Congress and supervise the administration of the executive branch agencies. OMB also 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.
OMB also 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.
OMB's critical missions are:
Budget development and execution, a prominent government-wide process and a device by which a president implements his policies, priorities, and actions.
Management of other agencies' financials, paperwork, and IT.