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In May, Obama's budget proposal was defeated 97-0 in the Senate.

As far as the debt ceiling, Obama and the Democrats have not put forth any bills intended to specifically address the issue, and the Republicans' "Cut, Cap, and Balance" proposal was tabled by the Senate after passing through the House.

It's correct that President Obama hasn't put forth any bills to address the debt ceiling - it would be fruitless to do so until he and the Congressional leadership agree on a plan. The President did propose $4 trillion dollars in budget cuts. Unfortunately, the Republicans have chosen to represent the interests of approximately 8% of the population - those with taxable incomes exceeding $250,000/year.

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The executive office agency responsible for preparing the president's budget forecasts and proposals is the?

Office of Management and Budget (OMB) is the executive office agency responsible for preparing the president's budget forecasts and proposals.


The Office of Management and Budget is primarily responsible for?

helping the president monitor federal budget expenditures and proposals


What is The Executive Office agency responsible for preparing the president and budget forecasts and proposals called?

The Executive Office agency responsible for preparing the president's budget forecasts and proposals is called the Office of Management and Budget (OMB). The OMB assists in the development of the federal budget and oversees its implementation, ensuring that the president's budget priorities are met. It also evaluates the effectiveness of agency programs and policies, providing analysis and recommendations to enhance efficiency.


Who writes the first draft of the US budget?

The first draft of the U.S. federal budget is prepared by the Office of Management and Budget (OMB), which is part of the Executive Office of the President. The OMB works in collaboration with federal agencies to compile budget requests and proposals, reflecting the administration's priorities. Once the draft is completed, it is submitted to Congress, where it undergoes further review and modification before being finalized.


What are the major functions of the office of management and budget?

The Office of Management and Budget prepares the national budget that the president proposes to Congress each year, and reviews all legislative proposals that executive agencies prepare.


What are the two major functions of the Office of Management and Budget?

The Office of Management and Budget prepares the national budget that the president proposes to Congress each year, and reviews all legislative proposals that executive agencies prepare.


What the two major function of the office of Management and budget?

The Office of Management and Budget prepares the national budget that the president proposes to Congress each year, and reviews all legislative proposals that executive agencies prepare.


What are two major functions of the Office of Management and Budget?

The Office of Management and Budget prepares the national budget that the president proposes to Congress each year, and reviews all legislative proposals that executive agencies prepare.


What agency is responsible for providing congress with information on the presidents proposed budget?

The agency responsible for providing Congress with information on the president's proposed budget is the Office of Management and Budget (OMB). The OMB assists the president in formulating the budget and also provides details on the administration's budget proposals to Congress.


Who creates the national budget that the president proposes to congress?

The national budget that the president proposes to Congress is primarily created by the Office of Management and Budget (OMB). The OMB works in coordination with various federal agencies to compile budget requests and develop the president's budget outline. Ultimately, the president reviews and finalizes this budget proposal before it is submitted to Congress for consideration.


Where can you get a detailed copy of the US budget?

You can obtain a detailed copy of the U.S. budget from the official website of the Office of Management and Budget (OMB) at www.whitehouse.gov/omb. The website provides access to the President's budget proposals, historical data, and various budget documents. Additionally, you can find budget information on the Congressional Budget Office (CBO) website at www.cbo.gov.


Did Jimmy Carter run a budget surplus?

Yes, in President Carter;s last year in office his administration submitted a balanced budget to congress. Nixon NO; Ford NO; Reagan NO; Bush NO.