Which federal agency assists the president in preparing the budget each year? IRS OMB Fed ATF
The Congressional Budget Act of 1974 created the Congressional Budget Office (CBO) and directed more control of the budget to it and away from the President's Office of Management and Budget (OMB).
The annual budget process begins with the President’s budget, which outlines the President’s recommendations for spending programs and tax policy and is due to Congress the first Monday of February. To prepare the budget, federal agencies submit budget requests to the Office of Management and Budget (OMB). OMB reviews the requests and makes changes, subject to the President’s guidance, before combining those requests into the President’s budget.
I would say go with B.
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