What is a congressional office budget?
The Congressional Budget Office (CBO) provides the Congress with objective, nonpartisan, and timely information, analyses, and estimates related to federal economic and budgetary decisions.
Why is the Congressional Budget Office important?
The Congressional Budget Office is a bipartisan federal agency that analyzes the economy for the U.S. Congress. It also assists the House and Senate Budget Committees. It reviews the president’s annual budget. It also reports on the deficit impact of every important piece of legislation.
What is the role of the Congressional Budget Office quizlet?
the Congressional Budget Office, or CBO, is a Federal agency within the Legislative branch that provides budget and economic information to Congress. The provide analysis of economic and budgetary decisions facing Congress regarding the Federal budget. They also estimate costs for the Congressional budget process.
How does the Congressional Budget Office differ from the Office of Management and Budget?
How does the Congressional Budget Office differ from the Office of Management and Budget? The Congressional Budget Office coordinate the budget work of congress (House and Senate), while the Office of Management and Budget is involved with the president’s budget organization.
Who does the Congressional Budget Office report to?
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.
What is the purpose of a subcommittee quizlet?
Terms in this set (18) standing committees review and modify bills and decide if they should be reported to the floor for a vote. Subcommittees then do much of the work of reviewing a bill. Joint committees coordinate the efforts of both houses on key issues, while select committees conduct special investigations.