The Congressional Budget Office

A combination of political history economic history and organizational development the congressional budget office offers an important first book length.
The congressional budget office. It reviews the president s annual budget. Congressional budget office in this april 29 2020 file photo a sign displaying the size of the national debt is displayed along an empty k street in washington. It also reports on the deficit impact of every important piece of legislation.
The congressional budget office cbo is a federal agency within the legislative branch of the united states government that provides budget and economic information to congress. 230 people primarily economist and public policy analyst. 1 inspired by california s legislative analyst s office that manages the state budget in a strictly nonpartisan fashion the cbo was created as a nonpartisan agency by the congressional budget and impoundment.
The congressional budget office. It also assists the house and senate budget committees. What is the congressional budget office.
Cbo also prepares cost estimates and mandate statements for nearly all bills that are reported by congressional committees. Numerous analytic studies provide more in depth analysis of specific budgetary issues. Honest numbers power and policy draws on interviews with high level participants in the budget debates of the last 35 years to tell the story of the cbo.