This agency was formed in 1974 to help Congress decide the financial effect of legislation before it’s enacted. I can’t find how many employees it has but here are the various divisions of it:
Budget Analysis
Financial Analysis
Health, Retirement, and Long-Term Analysis
Macroeconomic Analysis
Management, Business, and Information Services
Microeconomic Studies
National Security
Tax Analysis
In 2014, Jason Furman, then director of Obama’s Council of Economic Advisers, was discussing a CBO report when he told reporters:
“The final thing I’d like to say is that CBO themselves stress that their analysis is not complete — it doesn’t reflect the full set of factors — and that there’s substantial uncertainty around their analysis. In particular, I think there’s three very important ways that the Affordable Care Act is and will continue to improve labor markets that weren’t reflected here.”
In other words, they make guesses on incomplete information and that is was Congress uses to decide the fate of legislation. While the president is paring down and cleaning out the executive branch, it’s clearly time Congress does the same in its own branch.
This story is @ Investigation Into CBO Just Uncovered What's Really Wrong With Washington DC
Budget Analysis
Financial Analysis
Health, Retirement, and Long-Term Analysis
Macroeconomic Analysis
Management, Business, and Information Services
Microeconomic Studies
National Security
Tax Analysis
In 2014, Jason Furman, then director of Obama’s Council of Economic Advisers, was discussing a CBO report when he told reporters:
“The final thing I’d like to say is that CBO themselves stress that their analysis is not complete — it doesn’t reflect the full set of factors — and that there’s substantial uncertainty around their analysis. In particular, I think there’s three very important ways that the Affordable Care Act is and will continue to improve labor markets that weren’t reflected here.”
In other words, they make guesses on incomplete information and that is was Congress uses to decide the fate of legislation. While the president is paring down and cleaning out the executive branch, it’s clearly time Congress does the same in its own branch.
This story is @ Investigation Into CBO Just Uncovered What's Really Wrong With Washington DC