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.
What is the Purpose of the Congressional Budget Office? The Congressional Budget Office analyzes the budget and the economy for Congress. It is an independent, nonpartisan group, created by Congress, for Congress. It acts as a legislative counterweight to the Presidentâs Office of Management and Budget (OMB). The agencyâs role is purely analytical, meaning the CBO doesnât write bills, enforce budget rules, implement regulations, lobby Congress, or conduct audits.