Congressional Budget Office (CBO)

The Congressional Budget Office (CBO) is a nonpartisan agency within the U.S. legislative branch that provides economic analyses and budgetary information to Congress. Established to assist lawmakers in understanding the financial implications of proposed legislation, the CBO projects the effects of policies on the economy, government spending, and revenue. By delivering impartial reports and data, the CBO helps Congress make informed decisions about budgeting and fiscal policy, ensuring transparency and accountability in government financial matters.