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Question : The government agency responsible for preparing the federal budget in the United States is the:

 

Option 1: Federal Reserve
 

Option 2: Treasury Department
 

Option 3: Office of Management and Budget

 

Option 4: Internal Revenue Service


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Office of Management and Budget


Solution : The correct answer is (c) Office of Management and Budget.

The government agency responsible for preparing the federal budget in the United States is the Office of Management and Budget (OMB). The OMB is an executive branch agency that assists the President in developing and implementing the federal budget. It plays a central role in coordinating budgetary matters across government agencies, reviewing agency budget proposals, and providing policy analysis and guidance to the President.

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