Before the creation of the Budget and Impoundment Act of 1974, this executive agency was the primary agency responsible for drawing up the budget.

Question

Quizplus · Accepted Answer

Before the Budget and Impoundment Control Act of 1974, the Office of Management and Budget (OMB), previously known as the Bureau of the Budget, was the primary executive agency responsible for preparing the United States federal budget. The Act reformed this process, but the OMB continues to play a significant role in budget preparation.

Before the Creation of the Budget and Impoundment Act of 1974