Showing 2 ideas for tag "budget"
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Executive Office of the President

Budget Formulation Policy Streamlining

Each agency is required to prepare and issue a policy on budget formulation in conformance with OMB Circular A-11. However, there is a statutory requirement that no agency can issue its policy until a very busy office within OMB approves the policy. This generally involves a waiting period many months or even a year or two long. What if the OMB approval were replaced with the requirement that the policy state that... more »

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Executive Office of the President

Connect the federal dots and cut the fat

The OMB Director directs agencies to “cut 5 percent of their budget by reducing or terminating poor performing or low priority programs…”
Haven’t we tried this before? In fact, we make budget cuts in programs within agencies as a regular budget exercise. Above the line, below the line.
I did a quick look on USA.gov. There are approx. 450 federal agencies, boards, commissions, committees, and that includes 15 departments,... more »

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