congressional budget office

Englisch - Türkisch

Definition von congressional budget office im Englisch Türkisch wörterbuch: kongre bütçe ofisi

Englisch - Englisch

Definition von congressional budget office im Englisch Englisch wörterbuch: Congressional agency that evaluates the president's budget as well as the budgetary implications of all other legislation; Federal government agency responsible for providing Congress with basic budget data and analysis of alternative fiscal, budgetary, and programmatic policy issues It was established by the Congressional Budget Act of 1974; Abbreviated CBO The place to go to look for forecasts of the government's tax and spending programs, and what they mean for the economy; A legislative agency that assists Congress in the preparation of the budget and analyzes budget-related issues CBO is responsible for estimating the budgetary effects of all spending and revenue bills; A non-partisan agency of Congress responsible for projecting the future path of the federal budget, estimating the budgetary effects of proposed legislation, and analyzing issues that may affect the federal budget Congress typically considers CBO the official scorekeeper for budget legislation, although Congress has sometimes adjusted CBO estimates See Joint Committee on Taxation (JCT) and Office of Management and Budget (OMB) [Back to top]; CBO