Question

One of the most powerful agencies in Washington, the ____ assists in the preparation of the federal budget and monitors federal agencies throughout the year.

Answer 1

Answer:

The office of management and budget.

Explanation:

The Office of Management and Budget (OMB), which was formerly known as the Bureau of the Budget, is an agency of the federal government that estimates, formulates, and controls management procedures and program objectives within and among agencies and departments of the executive branch. The OMB also controls the administration of the federal budget, while routinely providing the president of the United States with recommendations relating to budget proposals and relevant legislative enactments. The OMB also assits the president and executive department in budget preparation and in formulating ggovernment fiscal program.