To amend the Congressional Budget and Impoundment Control Act of 1974 to require the Director of the Congressional Budget Office to provide testimony at annual hearings held by the Committees on the Budget of the House of Representatives and the Senate, and for other purposes.
About This Bill
Floor Vote
Latest Action · September 25, 2024
Ordered to be Reported by the Yeas and Nays: 21 - 12.
CBO Oversight Act
This bill requires the Director of the Congressional Budget Office (CBO) to provide testimony annually at hearings held by the House and Senate Budget Committees.
Specifically, at the request of the chair of either committee, the Director must provide testimony at two hearings held by the committee by the end of the calendar year. The hearings may address any issue that the committee deems appropriate, including reviewing the accuracy of the baseline projections and estimates prepared by CBO during the most recently completed fiscal year.
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