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TeachMeFinance.com - explain Office Of Management and Budget Office Of Management and Budget The term 'Office Of Management and Budget ' as it applies to the area of Medicare in the United States can be defined as ' A Federal Government agency that has a major role in reviewing proposed Federal regulations'. Previous 5 Terms: Off-farm (non-farm) income Off-hours equipment reduction Office Office For Civil Rights Office of Global Programs Next 5 Terms: Office of Migrant Education (OME) Office of the Chief Economist (OCE) off-label use Off-peak energy Offset About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.