Congress
CBO
Definition
Congressional Budget Office. A nonpartisan agency that provides economic and budgetary analysis to Congress, including cost estimates for proposed legislation.
Related Terms
GAO
Government Accountability Office. An independent agency that audits and evaluates federal programs and expenditures for Congress.
CRSCongressional Research Service. A nonpartisan research arm of the Library of Congress that provides policy analysis and research to members of Congress.
Budget ResolutionA concurrent resolution that sets Congress's overall spending and revenue targets for the upcoming fiscal year. Not signed by the President.
More Congress Terms
Common Questions
- What is a cbo?
- Congressional Budget Office. A nonpartisan agency that provides economic and budgetary analysis to Congress, including cost estimates for proposed legislation.
- What terms are related to cbo?
- Related terms include: GAO, CRS, Budget Resolution. Understanding these related concepts helps provide context for cbo.