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LSDefine

Simple English definitions for legal terms

Office of Management and Budget

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A quick definition of Office of Management and Budget:

The Office of Management and Budget (OMB) is a part of the President's team that helps plan how the government will spend its money each year. They make sure that the budget is used properly and efficiently. The OMB was created in 1939 and used to be called the Bureau of the Budget.

A more thorough explanation:

The Office of Management and Budget (OMB) is a part of the Executive Office of the President. Its main job is to help the President create the yearly budget for the federal government and make sure it is being used properly.

The OMB was first created in 1939 as the Bureau of the Budget. Since then, it has been renamed and given more responsibilities.

For example, the OMB might work with the President to decide how much money should be spent on things like education, healthcare, and defense. They also make sure that government agencies are using their money in the right way.

Overall, the OMB plays an important role in making sure that the government is using its money wisely and effectively.

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