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Fiscal management in the national government remains just as important to public administration in 2007 as it was in 1937. Arthur E. Buck and Harvey C. Mansfield’s critique of the fragmentation among congressional, bureaucratic, and presidential interests in budgeting and accountability is a classic for those who argue for stronger presidential power and capacity within American government. This analysis draws the field’s attention to what we can learn about the politics of management reform from the successes and limitations of this landmark study—lessons that will serve the field well as it confronts new issues and reform agendas in the future.