What is the main goal of the BFELoB?

The main goal of the Budget for the Future through Enhanced Leadership and Oversight, commonly known as BFELoB, is to build a budget of the future through collaboration. This initiative emphasizes the importance of engaging various stakeholders in the budgeting process, including federal agencies, state and local governments, and the public. By promoting collaboration, the BFELoB seeks to create a more effective and integrated approach to budget formulation and execution, allowing for innovative solutions that address contemporary challenges. This focus on collaboration is essential for ensuring that the budget reflects the collective priorities and needs of the community and adapts to changing circumstances over time.