The Congressional Budget Office

The Congressional Budget Office (CBO) is a nonpartisan agency of the U.S. federal government that provides economic data and analysis to Congress. It assesses the budgetary and economic impact of proposed legislation, helping lawmakers understand the potential costs and effects of their decisions. The CBO also publishes reports on the federal budget, economic forecasts, and trends in healthcare spending, among other topics. By supplying unbiased information, the CBO plays a crucial role in informing and guiding congressional debates on fiscal policy and budgeting.