Congressional Budget Office
The Congressional Budget Office (CBO) provides detailed cost estimates for proposed legislation and publishes regular budget and economic projections to support the U.S. Congressional budget process.
Services
The Congressional Budget Office (CBO) provides detailed cost estimates for proposed legislation to support the Congressional budget process. In addition to these estimates, the CBO also offers various publications including reports, cost estimates, and economic forecasts. By delivering these comprehensive services, the CBO aids Congress in making informed financial decisions.
Budget and Economic Projections
The Congressional Budget Office regularly publishes 10-year budget and economic projections. These publications play a crucial role in the legislative process by providing lawmakers with essential data and projections needed when planning and implementing fiscal policies.
Publications
The Congressional Budget Office offers a range of publications that include detailed reports, cost estimates, and economic forecasts. These materials are designed to provide comprehensive data and analyses, supporting transparent and informed decision-making processes within Congress.
Transparency Efforts
The Congressional Budget Office engages in transparency efforts to enhance the understanding and credibility of its analyses. By making its methodologies and findings readily available, the CBO aims to foster trust and reliability in its budgetary and economic reports.
Legislative Framework
The Congressional Budget Office operates under the Congressional Budget and Impoundment Control Act of 1974. This legislative framework provides the guidelines and authority under which the CBO performs its duties and responsibilities in the federal budget process.