FEDERALhearing transcript

Congressional Budget Office Oversight Hearing

Original title: CBO OVERSIGHT: PERSPECTIVE FROM OUTSIDE EXPERTS

January 1, 2018

Congressional Budget Office Budget Oversight Legislative Process Government Accountability

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The Frame

What this does

This hearing represents the first comprehensive review of the CBO since its 1974 inception, potentially leading to future legislative changes in how the agency models economic data and supports congressional decision-making.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Congressional Budget Office

The agency is undergoing a comprehensive review of its operations and potential future procedural changes.

Members of Congress

Legislators rely on CBO analysis to make budgetary decisions and are currently evaluating the agency's performance.

What changed

Last recorded activity January 1, 2018.

What's next

Next step not available in the current record.

Summary

The House Committee on the Budget held a hearing to conclude a five-part series reviewing the operations and effectiveness of the Congressional Budget Office (CBO). This session featured testimony from outside experts and former CBO directors to discuss potential improvements to the agency's processes.

Key Facts

The hearing held on March 14, 2018, concluded a five-part series of oversight hearings regarding the CBO.
This series marks the first comprehensive review of the CBO since its establishment in 1974.
The CBO is a nonpartisan support agency tasked with providing budgetary analysis to Congress.
Previous hearings in the series covered CBO organizational structure, technical work products, modeling assumptions, and member feedback.
The committee aims to identify potential improvements to ensure the CBO effectively supports Congress in the 21st century.

Frequently Asked Questions

What is the purpose of the CBO?

The CBO is a agency that provides budgetary and economic analysis to help Congress make informed legislative decisions.

Why is the committee reviewing the CBO now?

The committee is conducting a comprehensive review to identify how the agency's processes can be improved to better meet modern congressional needs.

Why It Matters

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

First Comprehensive CBO Review

The document explicitly states this is the first time the CBO has undergone a comprehensive review since its 1974 founding.

Congressional Budget Office

Connected Entities

organizationHouse Committee on the Budget“Congressional committee conducting the oversight”Map →

personJohn A. Yarmuth“Ranking Minority Member of the House Committee on the Budget”Map →

personAlice M. Rivlin“First Director of the CBO”Map →

personSteve Womack“Chairman of the House Committee on the Budget”Map →

personDouglas Holtz-Eakin“Former Director of the CBO”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz15
Current news / social attention level

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