Congressional Budget Office

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The Congressional Budget Office is a federal agency within the legislative branch of the United States government. It was created by the Congressional Budget and Impoundment Control Act of 1974.

With respect to the estimation of spending for Congress, the Congressional Budget Office serves a purpose parallel to that of the Joint Committee on Taxation for the estimation of revenue for Congress, the Department of the Treasury for the estimation of revenues for the executive branch, and the Office of Management and Budget for the estimation of spending for the executive branch.

The responsibilities of this office include projecting the budgetary effects of proposed legislation. The main goal is to provide Congress with objective, timely, nonpartisan analyses needed for economic and budget decisions and with the information and estimates required for the Congressional budget process. This includes projections on the effect on national debt.1

Directors

Peter R. Orszag January 19, 2007 -
Donald B. Marron (Acting) December 29, 2005 – January 2007
Douglas Holtz-Eakin February 5, 2003 - December 29, 2005
Barry B. Anderson (Acting) January 3, 2003 – February 5, 2003
Dan L. Crippen February 3, 1999 - January 3, 2003
James Blum (Acting) January 29, 1999 – February 3, 1999
June E. O'Neill March 1, 1995 - January 29, 1999
Robert D. Reischauer March 6, 1989 - February 28, 1995
James L. Blum (Acting) - March 6, 1989
Edward M. Gramlich (Acting) April 28, 1987 -
Rudolph G. Penner September 1, 1983 - April 28, 1987
Alice M. Rivlin February 24, 1975 - August 31, 1983


See also

External links

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This page uses content from Wikipedia. The original article was at Congressional Budget Office.
The list of authors can be seen in the page history. The text of this Wikinfo article is available under the GNU Free Documentation License and the Creative Commons Attribution-Share Alike 3.0 license.

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