Federal Performance Budgeting the Budget's New Clothes

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Federal Performance Budgeting the Budget's New Clothes

Beginning in 2002, the President's Management Agenda (PMA) focused Federal agencies' attention on budgeting for results and required performance budgets beginning with the FY 2003 budget submissions. The PMA is a set of government-wide management initiatives focused on human capital, competitive sourcing, financial performance, electronic government and integrating budgeting and performance.

At first, many thought the Agenda was another "flavor-of-the-month" management scheme, like management by objective (MBO) or zero based budgeting (ZBB), this time with a simplistic, c...

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