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Office of Management and Budget

RESEARCH AND COMMENTARY

Save to My PortfolioTaking Back our Fiscal Future

April 01, 2008, The Brookings Institution and the Heritage Foundation

Taking Back our Fiscal FutureUnsustainable deficits in the federal budget threaten the health and vigor of the American economy. When the next president and Congress take office in January 2009, they will face one crucial question that has been almost absent from the current election campaign: how to close the enormous gap between projected federal spending and revenues. Read More

Fiscal Policy, Social Security, Medicaid, Medicare, Federal Budget

RESEARCH AND COMMENTARY

Save to My PortfolioBudget Chaos: What, Me Worry?

Bill Frenzel and Ron Haskins, April 07, 2008, The Washington Times

Budget Chaos: What, Me Worry?As the baby boomers begin to retire this year, the burden of Social Security, Medicare and Medicaid will grow relentlessly. With more people in the programs and more expensive benefits, the nation will quickly encounter a budget disaster. Bill Frenzel and Ron Haskins say that dramatic reforms are needed to avoid budget chaos for future generations. Read More

Fiscal Policy, Medicaid, Medicare, Social Security, Budget Deficit

RESEARCH AND COMMENTARY

Save to My PortfolioTaming the Deficit: Forge a Grand Compromise for a Sustainable Future

Bill Frenzel, Charles Stenholm, G. William Hoagland and Isabel V. Sawhill, February 28, 2007, Opportunity 08

Currently projected deficits are unsustainable and pose serious risks to the economy, make us dangerously dependent on other countries, impose a "debt tax" on every taxpayer, send the bill for current spending to future generations, and weaken the government's ability to invest in the future or respond to emergencies. The next President will have to act to meet the deficit challenge. Read More

Budget Deficit, U.S. Economy, Federal Budget, Political Conventions, U.S. Department of Health and Human Services

BOOK

Save to My PortfolioRestoring Fiscal Sanity 2007: The Health Spending Challenge

Alice M. Rivlin and Joseph R. Antos, March 01, 2007

Exceeding $2 trillion annually, health care spending in the United States is growing significantly faster than the national economy. If left unchecked, this health spending crisis will threaten Americans' ability to pay for other essential services. Read More

Fiscal Policy, Health Care, Taxes, Medicare, U.S. Economy

BOOK

Save to My PortfolioRestoring Fiscal Sanity 2005: Meeting the Long-Run Challenge

Alice M. Rivlin and Isabel V. Sawhill, May 01, 2005

In this second volume of Restoring Fiscal Sanity, a group of policy experts focus on how to bring spending and revenues in line over the next decade, and even more important, how to balance them over the longer term. They suggest reforms in th Read More

Fiscal Policy, Taxes, U.S. Economy, Federal Budget, Tax Cuts

VIDEO

Save to My PortfolioBen Bernanke’s Second Term and the Federal Budget Forecast

Alice M. Rivlin, August 27, 2009

President Barack Obama has nominated Ben Bernanke to serve a second term as Chairman of the Federal Reserve. The nomination came on the same day the White House announced a sharp increase in projected deficits. Alice Rivlin says the deficit projections should serve as an impetus for officials to step up efforts to fix the floundering economy. She also gives the Bernanke nomination her nod of approval.

Budget Deficit, Federal Reserve System, Federal Budget, U.S. Economy, Fiscal Policy

RESEARCH AND COMMENTARY

Save to My PortfolioDeficit: What Caused It, Why It Matters

William G. Gale and Alan J. Auerbach, July 30, 2009, CNNMoney.com

Deficit: What Caused It, Why It MattersWilliam Gale and Alan Auerbach discuss the size of the long-term budget deficit and why it must be brought under control. They urge fiscal discipline with delicate timing: imposing spending cuts and tax increases too late risks precipitating a crisis in financial markets; imposing fiscal discipline too soon risks weakening the recovery or worsening the recession, as actually happened in the United States in the 1930s. Getting this mix right will require luck, discipline, imagination and leadership. Read More

Budget Deficit, Federal Budget, Fiscal Policy, U.S. Economy, Office of Management and Budget

RESEARCH AND COMMENTARY

Save to My PortfolioWill Obama’s Agenda Pass Congress’s Budget Resolution?

William A. Galston, March 26, 2009, The Brookings Institution

The Congressional Budget Office’s analysis of President Obama’s budget proposal projects a deficit of $9.3 trillion over the next decade, thereby forcing congressional leaders to look for changes to reduce it. Although the Senate Budget Committee has not yet finished marking up its version of the fiscal year 2010 budget resolution, Democrats are likely to diverge from the president’s desires. While Congress supports most of the president’s priorities, they are poised to sideline many of the programs President Obama proposed to implement, writes William Galston. Read More

Federal Budget, Budget Deficit, U.S. Congress, Fiscal Policy, Executive Branch

RESEARCH AND COMMENTARY

Save to My PortfolioOffice of Management and Budget’s Congressional Mandates to Provide Information on Federal Spending

Andrew Reamer, September 05, 2008, National Academy of Sciences

In a recent National Academy of Science workshop, Andrew Reamer reviews the array of mandates that Congress has given the White House Office of Management and Budget to maintain data repositories and publish reports on federal expenditures—including grants and contracts—by geography. Read More

Federal Budget, Federalism, Regulation, Office of Management and Budget

RESEARCH AND COMMENTARY

Save to My PortfolioAn Analysis of the Tenth Government Report On the Costs and Benefits of Federal Regulations

Robert Hahn and Robert E. Litan, June 01, 2007, AEI-Brookings Joint Center Regulatory Analysis 07-02

This paper critically reviews the draft of the Office of Management and Budget's tenth report on the benefits and costs of federal regulations. The draft report is similar to previous reports, and does not break new ground. Read More

Regulation, Business, Office of Management and Budget

RESEARCH AND COMMENTARY

Save to My PortfolioThe President's New Executive Order on Regulation

Robert Hahn and Robert E. Litan, January 31, 2007, AEI-Brookings Joint Center, Policy Matters 07-06

Robert W. Hahn and Robert E. Litan agree that the president’s executive order on regulation is a step in the right direction, but the order should take a more significant step by subjecting all federal regulatory agencies to the same kind of discipline that the executive order requires of executive agencies. Read More

Regulation, Executive Branch, Office of Management and Budget

RESEARCH AND COMMENTARY

Save to My PortfolioAn Analysis of the Ninth Government Report on the Costs and Benefits of Federal Regulations

Robert Hahn and Robert E. Litan, June 15, 2006, AEI-Brookings Joint Center

Robert W. Hahn and Robert E. Litan critically review the draft of the Office of Management and Budget’s ninth report on the benefits and costs of federal regulation. Read More

Regulation, Office of Management and Budget

RESEARCH AND COMMENTARY

Save to My PortfolioAn Analysis of the Government’s Proposed Risk Assessment Guidelines

Robert Hahn and Robert E. Litan, June 15, 2006, AEI-Brookings Joint Center

Robert Hahn and Robert Litan critically review the government's proposed risk assessment guidelines. Read More

Regulation, Office of Management and Budget

RESEARCH AND COMMENTARY

Save to My PortfolioChanging How We Discount to Make Public Policy More Responsive To Citizens’ Time Preferences

Robert Axtell and Gregory J. McRae, March 15, 2006, AEI-Brookings Joint Center

Robert L. Axtell and Gregory J. McRae argue that exponential discounting of many benefit streams—particularly non-pecuniary ones—fails the 'data quality' test and should be abandoned in favor of empirically-observed hyperbolic discounting. Read More

Regulation, Office of Management and Budget

RESEARCH AND COMMENTARY

Save to My PortfolioAn Analysis of the Eighth Government Report On the Costs and Benefits of Federal Regulations

Robert Hahn, Robert E. Litan and Rohit Malik, April 15, 2005, AEI-Brookings Joint Center

Robert W. Hahn, Robert E. Litan and Rohit Malik critically review the draft of the Office of Management and Budget's eighth report on the benefits and costs of federal regulation. Read More

Regulation, Office of Management and Budget

In Brief

As part of the Exeuctive Office of the President, OMB assists the president in overseeing the preparation of the federal budget and supervising its administration in executive branch agencies. The office also has roles in financial management, information policy and regulatory issues.

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Featured Experts

Alice M. Rivlin

Alice M. Rivlin

Senior Fellow, Economic Studies

Alice Rivlin, the first director of the Congressional Budget Office, is an expert on urban issues as well as fiscal, monetary and social policy. She directs the Greater Washington Research project. 
Read More

Isabel V. Sawhill

Isabel V. Sawhill

Senior Fellow, Economic Studies
The Cabot Family Chair

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families at Brookings.
Read More

Andrew Reamer

Andrew Reamer

Fellow, Metropolitan Policy Program

Andrew Reamer focuses on federal statistical policy and programs; sources and uses of socioeconomic data; state and local economic analysis and strategy; and the geography of innovation and other regional studies.
Read More

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Spotlight

Research ProjectBrookings-Bern Project on Internal Displacement

The Brookings-Bern Project on Internal Displacement monitors displacement problems worldwide, works with governments, regional bodies, international organizations and civil society to create more effective policies and institutional arrangements for Internally Displaed Persons.

ExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families at Brookings.

ExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is an adjunct professor in the Security Studies Program at Georgetown University’s School of Foreign Service.

ExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.

ProgramGovernance Studies

Governance Studies explores political institutions of the United States and other democracies to assess how they govern, how their practices compare and how citizens and public servants can advance sound governance.

Research ProjectLatin America Initiative

The Latin America Initiative provides high-quality, in-depth, and independent research across a range of economic and political issues, and offers policy recommendations aimed at U.S. and Latin American policymakers.

TopicEducation

The economic and political well-being of any society requires a well-educated citizenry. Brookings’s work extends beyond the K-12 bookends to include pre-school interventions, higher education and the challenges of education in developing countries.

ExpertAmy Liu

Amy Liu is deputy director of the Brookings Metropolitan Policy Program. Her policy studies include economic competitiveness, metropolitan growth and development, governance reforms, urban reinvestment, and social equity.

Policy CenterEngelberg Center for Health Care Reform

The Engelberg Center for Health Care Reform provides practical solutions to achieve high-quality, innovative, affordable health care with particular emphasis on identifying opportunities on the national, state and local levels.

ExpertDomenico Lombardi

As president of the Oxford Institute for Economic Policy, Domenico Lombardi’s work at Brookings focuses on the international financial crisis and the reform of the IMF and the World Bank. He is an expert on G-20 and G8 Summits.

ExpertFederiga Bindi

Federiga Bindi is a leading expert on European political integration. She has a broad experience in government and held a number of posts in international organizations. Bindi currently serves as an advisor to the Italian Minister of Foreign Affairs. Her research focuses on the EU, transatlantic relations; EU states foreign policies, global governance issues.

ExpertMark McClellan

Mark McClellan works on promoting high-quality, innovative and affordable health care. Once commissioner of the Food and Drug Administration and administrator of the Centers for Medicare & Medicaid Services, Dr. McClellan now directs the Engelberg Center for Health Care Reform.

TopicHealth Care

Brookings is committed to producing innovative policy solutions to our nation’s most difficult challenges. The country may face no more important domestic policy challenge than the much-needed reform of our health care system. Through an institution-wide effort, Brookings delivers new ideas and offers policy solutions to improve health care both at home and globally.

ExpertRichard Joseph

Richard Joseph is John Evans Professor of International History and Politics at Northwestern University. Former fellow of The Carter Center, Atlanta, he focuses on African governance, political economy, and democratization.

ExpertTed Gayer

Ted Gayer is the co-director of the Economic Studies program and the Joseph A. Pechman Senior Fellow at the Brookings Institution. He conducts research on a variety of economic issues, focusing particularly on public finance, environmental and energy economics, housing, and regulatory policy.

Policy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.