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.
Congressional Budget Office. The Congressional Budget Office (CBO) is responsible for economic forecasting and fiscal policy analysis, scorekeeeping, cost projections, and an Annual Report on the Federal Budget. The office also underdakes special budget-related studies at the request of Congress.