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People also ask
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What is the congressional office CBO?
The Congressional Budget Office (CBO) provides the Congress with objective, nonpartisan, and timely information, analyses, and estimates related to federal economic and budgetary decisions.
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Is the Congressional Budget Office credible?
CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence without regard to political affiliation. CBO does not make policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis.
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What does the Congressional Budget Office (CBO) do?
CBO aims to develop estimates that are in the middle of the range of likely outcomes and to clearly communicate the basis for those estimates and their uncertainty. In addition, the agency describes and explains the revisions to its budget and economic projections, and it reports on the accuracy of those projections.
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Is the Congressional Budget Office really nonpartisan?
CBO is objective, impartial, and nonpartisan. The agency makes no policy recommendations. It hires people on the basis of their expertise and without regard to political affiliation.
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What does the CBO do for Congress?
CBO's chief responsibility under the Congressional Budget Act is to help the House and Senate Budget Committees with the matters under their jurisdiction. CBO also supports other Congressional committees—particularly the Appropriations, Ways and Means, and Finance Committees—and the Congressional leadership.
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What does the title CBO mean?
CBO may stand for: Chief business officer, the top operating strategy executive of a commercial company, or academic/research institution.
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What is the meaning of CBO office?
Introduction to CBO | Congressional Budget Office.
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What does a CBO do?
What is the role of a CBO? A chief business officer is responsible for managing the administrative, financial, and operations of the organization. The role of this position often combines the roles of chief administrative officer (CAO), chief financial officer (CFO), and chief operating officer (COO).
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