Word: omb
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Dates: during 1980-1989
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Feldstein has already moved to bolster the influence of the CEA and reassert its in dependence from OMB and the Treasury. Even before his confirmation hearings, Feldstein was busy staking out turf for himself in the interdepartmental policy group known as T-l (for Economic Troika One), which consists of Treasury Secretary Donald Regan, Budget Director David Stockman and the chairman of the CEA. In weekly break fast meetings of the group, Feldstein has managed to hold his own in even the most esoteric of budget debates with Stockman, who possessesa daunting reputation for his deft handling of twelve-digit...
...Secretary of State-designate is far less likely than his predecessor to clash with Defense Secretary Caspar Weinberger. Weinberger worked under Shultz at OMB and was Secretary of Health, Education and Welfare in Nixon's Cabinet when Shultz was at Treasury. After leaving Government in 1975, Weinberger followed Shultz to Bechtel and became general counsel and vice president of the firm. The two men are known to have worked together smoothly...
...Wednesday afternoon, the Senate Budget Committee unanimously rejected Reagan's original February budget, 20 to 0. Majority Leader Baker then telephoned James Baker to come to his office. The White House Chief of Staff brought along OMB Director David Stockman and two aides, and in 90 minutes a new budget was hammered out. After Reagan assured Domenici of his support, the Senate Budget Committee approved the plan that evening by a partisan vote, with eleven Republicans for and nine Democrats against...
...proposed rule changes have come out of debate between OMB and universities and would in general ease the documentation practices a University must follow. One change would do away with required "personnel activity reports" and instead allow the university to follow a general set of accounting principles. As long as the institution was abiding by these general criteria, it could use any of several accounting practices...
Universities and individuals have had the opportunity to comment on the proposed guidelines since their appearance in the January Federal Register. OMB will be making a final decision on whether to accept the proposals within two months, an agency spokesman said yesterday...