Office of Management and Budget

"A budget is more than simply numbers on a page. It is a measure of how well we are living up to our obligations to ourselves and one another."
                                              – President Barack Obama

"The President, joined by Director Orszag and Deputy Director Nabors, discusses fiscal responsibility."

THU, MAY 7, 10:25 AM EST

Determining What Works, Line by Line

We in the Administration have spoken often about the President’s Budget heralding a new era of responsibility—an era in which we not only do what we must to lift our economy out of recession, but in which we also lay a new foundation for long-term growth and prosperity.
MON, MAY 4, 3:35 PM EST

This Week in Budget News

This week is another busy one at OMB: we are releasing the full account-level budget on Thursday.
FRI, MAY 1, 6:00 PM EST

Congratulations to Xav Briggs

Champagne corks are flying (or more accurately, Diet Coke cans are being opened) here at OMB to congratulate Xavier de Souza Briggs for being awarded tenure by the Massachusetts Institute of Technology today.
MON, APRIL 27, 1:47 PM EST

Congratulations to Emmanuel Saez

My co-author and friend Emmanuel Saez was awarded the John Bates Clark Medal on Friday. The prize, which is awarded to the best American economist under the age of forty, is one of the highest honors the economics profession can bestow upon one of its own.

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