United States Office of Management and Budget
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The Office of Management and Budget (OMB) is a body within the Executive Office of the President of the United States (EOP) which is tasked with coordinating United States Federal agencies. A "stop-and-think shop," it is a senior management team of the White House. The OMB performs this coordination by gathering and filtering budget requests, by issuing circulars dictating agency management practices, and by reviewing agency regulations. Six positions within OMB -- the Director, the Deputy Director, the Deputy Director for Management, and the Administrators of the Office of Information and Regulatory Affairs, the Office of Federal Procurement Policy, and the Office of Federal Financial Management -- are Presidentially appointed and Senate-confirmed positions.
Until mid-April 2006, the Director of OMB was Joshua B. Bolten, but Bolten was appointed to replace Andy Card as White House Chief of Staff effective April 15. On April 18, 2006, Bush nominated United States Trade Representative Rob Portman to replace Bolten; Portman awaits Senate confirmation.
With respect to the estimation of spending for the executive branch, the OMB serves a purpose parallel to that of the Congressional Budget Office for the estimation of spending for Congress, the Department of the Treasury for the estimation of revenues for the executive branch, and the Joint Committee on Taxation for the estimation of revenues for Congress.
The Bureau of the Budget (BOB), OMB's predecessor, was established as a part of the Department of the Treasury by the Budget & Accounting Act of 1921. BOB was moved to the EOP in 1939, and reorganized into the OMB in 1970 during the Nixon administration. The first OMB included Roy Ash (head), Paul O'Neill (assistant director), Fred Malek (deputy director) and Frank Zarb (associate director) and two dozen others. As of 2004, over 500 people were part of OMB.
Directors of the Office of Management and Budget
Name | Dates Served ↓ | Notes |
---|---|---|
Rob Portman (Acting) | April 18, 2006 - present |
Portman was formerly United States Trade Representative and a Congressman from Ohio; he awaits Senate confirmation. |
Joshua B. Bolten | June 26, 2003 - April 15, 2006 |
Bolten was designated on March 28, 2006, to replace Andy Card as White House Chief of Staff. |
Mitchell E. Daniels, Jr. | January 23, 2001 - June 6, 2003 |
Daniels left to successfully run for Governor of the state of Indiana. |
Jacob J. Lew | May 21, 1998 - January 19, 2001 | Jack Lew served as Deputy Director of OMB from 1995 to 1998 |
Franklin D. Raines | September 13, 1996 - May 21, 1998 | |
Alice M. Rivlin | October 17, 1994 - April 26, 1996 | Rivlin became a Governor of the Federal Reserve after leaving OMB. |
Leon Panetta | January 21, 1993 - October 1994 | |
Richard Darman | January 25, 1989 - January 20, 1993 | |
Joseph R. Wright, Jr. | October 16, 1988 - January 20, 1989 | |
James C. Miller III | October 8, 1985 - October 15, 1988 | |
Joseph R. Wright, Jr. | August 2, 1985 - October 7, 1985 | |
David A. Stockman | January 21, 1981 - August 1, 1985 | |
James T. McIntyre | September 24, 1977 - January 20, 1981 | |
Bert Lance | January 21, 1977 - September 23, 1977 | Lance resigned amid a corruption scandal. |
James T. Lynn | February 10, 1975 - January 20, 1977 | Lynn left to head Aetna Insurance. |
Roy Ash | February 2, 1973 - February 3, 1975 | |
Caspar Weinberger | June 12, 1972 - February 1, 1973 | Weinberger would later become Ronald Reagan's Secretary of Defense. |
George P. Schultz | July 1, 1970 - June 11, 1972 | |
Robert Mayo | January 22, 1969 - June 30, 1970 | |
Charles Zwick | January 29, 1968 - January 21, 1969 | |
Charles Schultze | June 1, 1965 - January 28, 1968 | |
Kermit Gordon | December 28, 1962 - June 1, 1965 | |
David E. Bell | January 22, 1961 - December 20, 1962 | |
Maurice H. Stans | March 18, 1958 - January 21, 1961 | |
Percival Brundage | April 2, 1956 - March 17, 1958 | |
Rowland Hughes | April 16, 1954 - April 1, 1956 | |
Joseph Dodge |
January 22, 1953 - April 15, 1954 | |
Frederick Lawton |
April 13, 1950 - January 21, 1953 | |
Frank Pace | February 1, 1949 - April 12, 1950 | |
James E. Webb | July 13, 1946 - January 27, 1949 | |
Harold E. Smith | April 15, 1939 - June 19, 1946 | |
Daniel W. Bell |
September 1, 1934 - April 14, 1939 | |
Lewis Douglas | March 7, 1933 - August 31, 1934 | |
Clawson Roop | August 15, 1929 - March 3, 1933 | |
Herbert Lard | July 1, 1922 - May 31, 1929 | |
Charles Dawes |
June 23, 1921 - June 30, 1922 |