The White House Office of Management and Budget (OMB) issued new guidance Wednesday clarifying limits to the disbursement of Inflation Reduction Act (IRA) funds ordered by President Trump on ...

The Trump administration is making waves by challenging the Impoundment Control Act (ICA) of 1974, a law designed to prevent presidents from unilaterally overriding Congress's spending decisions. This ...

United States Office of Management and Budget Understanding cycle of deficit spending, debt The U.S. economy is the largest globally, but its debt outweighs that distinction by trillions.

The memo does not specify which grant-making agencies must abide by the order, but the Office of Management and Budget has broad power over the executive branch that touches nearly every agency.

That began to change with an executive order signed by the president in February that called for independent agencies to begin reporting directly to the White House Office of Management and Budget.

The executive order puts independent federal agencies under the watch of Office of Management and Budget Director Russell Vought, architect of the conservative blueprint.

The executive order will require federal agencies to submit a list to the Office of Management and Budget of regulations that could violate the Constitution.

Trump order challenges independence of FCC, FTC and financial regulators The order is the latest example of Trump’s embrace of a broad and controversial theory of executive power.

President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges.

Johnson signed an executive order directing his Office of Budget and Management to host public meetings and make a “comprehensive” review of all city spending.

The White House Office of Management and Budget (OMB) issued new guidance Wednesday clarifying limits to the disbursement of Inflation Reduction Act (IRA) funds ordered by President Trump on ...