Since 1975, CBO has produced independent analyses of budgetary and economic issues to support the Congressional budget process. Each year, the agency’s economists and budget analysts produce dozens of reports and hundreds of cost estimates for proposed legislation.
CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence, without regard to political affiliation. The agency does not make policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis.
CBO’s work follows processes specified in the Congressional Budget and Impoundment Control Act of 1974 (which established the agency) or developed by the agency in concert with the House and Senate Budget Committees and the Congressional leadership.
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Thursday, June 28, 2018
10 Things About CBO
Posted By Milton Recht
From Congressional Budget Office, "10 Things to Know About CBO," June 28, 2018, Presentation by Dorian Carloni, an analyst with CBO’s Tax Analysis Division, at Le Printemps de l’Évaluation at the French National Assembly:
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