Word: omb
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Dates: during 1970-1979
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...Since Nixon last week ruled out any new federal taxes, he will probably find himself with at least the $15 billion deficit for fiscal 1972 that he needs to make a dent in unemployment. The budget figures have not yet been fixed, however. Draft chapters circulating in the OMB had blank spaces where some numbers should have been. In one, a wag wrote: " 'A few honest men are better than numbers'-Oliver Cromwell...
...save words in print and speech, acronyms have created new ones instead (radar, sonar, loran) and even corrupted spelling, producing "snick" out of SNCC and "rotsy" from ROTC. Today inappropriate acronyms are a constant hazard. When the Nixon Administration set up its new Office of Management and Budget (OMB), for example, it seemed clear that the awkward initials were invented to avoid the more logical name. Bureau of Management and Budget (BOMB). Military men seldom avoid such errors. The Army is especially prone to fatuous acronyms like BAMBI, which stands for Ballistic Missile Boost Intercept. Some civilian agencies are equally...
...Robert Finch from the Department of Health, Education and Welfare to the White House, Nixon last week drafted another Cabinet officer, Labor Secretary George Shultz, to head the Office of Management and Budget, which comes to life in the White House on July 1. The creation of the OMB, together with a new Domestic Affairs Council, had been announced in March. Now Nixon's choice of Shultz to head the OMB, together with his transfer of Finch, makes the organizational changes more important than they appeared to be at first. The other personnel shifts: CASPAR WEINBERGER, chairman...
...Director of the Office of Management and Budget, Shultz and his staff will be expected to superintend overall execution of Government programs. Besides hunting down superfluous activities, OMB will assume the staff and functions of the present Bureau of the Budget, including its efficiency-expert role. Mayo had been expected to head the enlarged operation. The fact that he was bypassed is significant. Mayo, a skilled economist with nearly 20 years of federal service, is not an innovator, a policymaker or an advocate who can fight effectively for his point of view. Shultz is all three. Further, Mayo...