Number: RS21665 Title: Office of Management and Budget (OMB): A Brief Overview Authors: Clinton T. Brass, Government and Finance Division Abstract: The Office of Management and Budget (OMB) is located within the Executive Office of the President. It acts on the Presidents behalf in preparing the Presidents budget, overseeing the executive branch, and helping steer the Presidents policy agenda. This report provides an overview of OMB and its major functions, and highlights a number of issues influenced by OMB in matters of policy, budget, management, and OMBs internal operations. Pages: 6 Date: March 31, 2006