Answer: The Office of Management and Budget is important because the personnel working in this office oversee regulatory proposals, report agency activities and prepare the national budget.
Explanation: The Office of Management and Budget (OMB) serves the President to make sure all monetary changes are implemented correctly. The OMB is the largest office in the Executive Office making sure budget plans are drawn up, proposed, prepared and executed as they should be. All budget changes and proposals for new use of national money goes through the OMB.
