Word: omb
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...another year of record red ink. Last week the Office of Management and Budget predicted that when the accountants close the books on fiscal 1986 in September, the federal deficit will stand at a stupefying $230 billion, $27 billion more than the Government predicted in February. Said a chagrined OMB Director James Miller: "It is not something I'm proud...
...Pentagon budget. Stockman paid little attention to the base figure on which the Pentagon proposed to calculate that 7%. When he saw the actual numbers pointing to military spending of $1.46 trillion over the next five years, Stockman writes, he "nearly had a heart attack." Later the OMB boss came to the gloomy conclusion that even the most severe cuts in nonmilitary spending would fall $44 billion short of balancing the budget by 1984 (the actual gap, of course, turned out to be vastly greater). His simple solution: slap a "magic asterisk" on the $44 billion figure and call...
...White House insists that Deaver violated no regulation, since he worked for the White House Office, a small but separate entity in the Executive Office, which includes OMB. Besides, huffed Deaver, if he had truly wanted to trade on his friendship, "I wouldn't have wasted my time on Jim Miller. I would have gone right over to the President...
...lights flashing, an ambulance drew up in front of the Government Printing Office. Paul Olkhovsky, an OMB aide, was carried in on a stretcher by attendants in hospital gowns who performed "emergency surgery," tearing pages out of documents to represent the cancellation of Government programs. Olkhovsky then bounded up to tell waiting reporters "The 1987 budget lives...
...point. This lack of individual power to do good in Congress is the price we pay for our fragmented system. It's well worth the cost because it also prevents individuals from abusing authority. Second, Mr. Moses completely ignores the real reason for the ruling--the enforcement mechanism (of OMB and CAO mandatory cuts) puts direct executive power in the legislative branch through the CAO. This decision hardly makes the law useless. A simple revision transferring responsibility solely to the OMB (in the executive branch) would snuff out this objection...