Under the Congressional Budget and Impoundment Act of 1974, the president's proposed budget must be reviewed first by the Office of Management and Budget (OMB)and next by the Congressional Budget Office (CBO)before being submitted to Congress.

Question

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The president's proposed budget is first reviewed by the Office of Management and Budget (OMB), but it is then submitted directly to Congress. The Congressional Budget Office (CBO) does not review the president's budget proposal before it is submitted to Congress; instead, the CBO provides independent analyses of budgetary and economic issues to support the Congressional budget process.

Under the Congressional Budget and Impoundment Act of 1974, the President's