It's back to the drawing board for the eight - year - old effort to create an SBA women's procurement program, as the most
recent federal spending bill scraps controversial, restrictive Bush - era regulations.
OMB's role in the budget process does not end when Congress passes and the President signs the annual appropriations
bills (or, in more
recent years, the continuing resolutions to provide funding for a limited period of time after the fiscal year until the appropriations
bills are agreed upon).195 OMB is intimately involved in budget execution — the way
federal agencies carry out their work under the budgetary authority they have been granted.196 OMB affects budget execution through two different levers: the formal specification lever, through which it «apportions» and otherwise defines how agencies
spend the funds Congress has appropriated, and the informal monitoring lever, through which it oversees agencies» implementation of their programs.