It's a way to accuse someone of being racially insensitive without calling them a racist. Example: That comment has racial overtones, you should apologize!. It's a way to accuse someone of being racially insensitive without calling them a racist. Example: That comment has racial overtones, you should apologize!.
R&D Budget Analysis. It's useful to think of the federal budget cycle in four phases. The first phase is agency planning; the second phase covers budget review by the Office of Management and Budget. These two phases together amount to the President's budget formulation.
According to the Office of Management and Budget 1  : The budget system of the United States Government provides the means for the President and Congress to decide how much money to spend, what to spend it on, and how to raise the money they have decided to spend.