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Congressional Budget Office

Congressional Budget Office

  1. White House to pitch business tax ‘framework’ to compete with Romney’s reform announcement
    The Daily Caller logo The Daily Caller 1 hour ago
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    US Treasury Secretary Timothy Geithner testifies before a Senate Finance Committee hearing on "The President's Budget for FY2013" at the Senate Dirksen Office Building in Washington, DC, on February 14, 2012. (JEWEL SAMAD/AFP/Getty Images) Gov. Mitt Romn

  2. Obama Proposes Tax Revamp
    Wall Street Journal logo Wall Street Journal 3 hours ago

    By Damian Paletta And John D. McKinnon The Obama administration will propose lowering the top income-tax rate for corporations to 28% from 35% but would raise overall tax revenue by eliminating dozens of popular deductions in an effort to restructure the

  3. Getty Images logo Getty Images 2 weeks ago
    WASHINGTON, DC - FEBRUARY 02: Director of the Congressional Budget Office Douglas Elmendorf testifies during a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. The hearing was to examine the budget and...

    WASHINGTON, DC - FEBRUARY 02: Director of the Congressional Budget Office Douglas Elmendorf testifies during a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. The hearing was to examine the budget and... View Photo »

  4. Jaime is trying to strengthen and save Medicare ... According to the Congressional Budget Office, Medicare will run out of money by 2020 if no action is taken … Jaime voted to preserve the program for today’s seniors, and make sure it’s still there for tomorrow’s retirees.
    SOURCE: The Columbian 2 months ago
  5. Congress targets federal workers for savings
    Austin American-Statesman logo Austin American-Statesman 7 hours ago

    WASHINGTON — Federal workers have become targets as Congress, and the White House, search for ways to lower the deficit, pay for tax cuts and put off looming reductions to defense spending. Last week, they took a $15 billion hit in retirement benefits as

  6. Unemployment and the Stimulus
    Blogcritics.org logo Blogcritics.org 8 hours ago
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    On Friday, February 13, 2009, the Democrat controlled Congress passed the $787 billion American Recovery and Reinvestment Act (ARRA), the "stimulus bill." No filibuster, just passage. The Congressional Budget Office said that the cost was going to be $82

  7. FACT CHECK: Payroll tax cut won't cost Social Security fund
    Corpus Christi Caller-Times logo Corpus Christi Caller-Times 8 hours ago

    Fact: Mostly false. Although the tax cut raises the overall deficit by $101.1 billion this year then $89.3 billion in the next decade, it will not leave a gap in Social Security funding. According to the Congressional Budget Office and Joint Committee on

  8. Getty Images logo Getty Images 2 weeks ago
    WASHINGTON, DC - FEBRUARY 02: Committee chairman Sen. Kent Conrad (D-ND) (R) talks to Director of the Congressional Budget Office Douglas Elmendorf prior to a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC.

    WASHINGTON, DC - FEBRUARY 02: Committee chairman Sen. Kent Conrad (D-ND) (R) talks to Director of the Congressional Budget Office Douglas Elmendorf prior to a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. View Photo »

  9. If you’re serious about health care reform, abolish the Congressional Budget Office
    SOURCE: Econbrowser 2 months ago
  10. CBO: Non-partisan number crunchers
    YouTube Logo YouTube Videos 6 months ago
  11. Congress Gives Obama a Win on Payroll Tax Cut
    Black Enterprise logo Black Enterprise 9 hours ago

    Before leaving for a district workweek, congressional lawmakers handed President Obama a victory by passing legislation to extend the payroll tax cut and federal unemployment program without the typical knock-down-drag-out fight. “Congress did the right

  12. Budget Gimmicks Are Alive And Well In Payroll Tax Cut Extension
    Forbes logo Forbes 10 hours ago

    The other day, I criticized the unwillingness of Congress to finance the latest extension of the payroll tax cut. Since that post, the Congressional Budget Office released its estimates of the cost of the entire mini-stimulus, including the so-called “do

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About Congressional Budget Office

Wikipedia

The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government. It was created by the Congressional Budget and Impoundment Control Act of 1974. Full Article

Related Photos

WASHINGTON, DC - FEBRUARY 02: Director of the Congressional Budget Office Douglas Elmendorf listens during a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. The hearing was to examine the budget and economic outlook for fiscal years...
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  1. WASHINGTON, DC - FEBRUARY 02: Director of the Congressional Budget Office Douglas Elmendorf listens during a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. The hearing was to examine the budget and economic outlook for fiscal years... Getty Images logo Getty Images 2 weeks ago

    WASHINGTON, DC - FEBRUARY 02: Director of the Congressional Budget Office Douglas Elmendorf listens during a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. The hearing was to examine the budget and economic outlook for fiscal years...

    View Photo »
  2. Congressional Budget Office (CBO) Director Doug Elmendorf testifies on Capitol Hill in Washington, Wednesday, Feb. 1, 2012, before the House Budget Committee hearing on the nation's economic outlook. AP Photo logo AP Photo 2 weeks ago

    Congressional Budget Office (CBO) Director Doug Elmendorf testifies on Capitol Hill in Washington, Wednesday, Feb. 1, 2012, before the House Budget Committee hearing on the nation's economic outlook.

    View Photo »
  3. WASHINGTON, DC - FEBRUARY 02: Committee chairman Sen. Kent Conrad (D-ND) (R) talks to Director of the Congressional Budget Office Douglas Elmendorf prior to a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. The hearing was to examine the... Getty Images logo Getty Images 2 weeks ago

    WASHINGTON, DC - FEBRUARY 02: Committee chairman Sen. Kent Conrad (D-ND) (R) talks to Director of the Congressional Budget Office Douglas Elmendorf prior to a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. The hearing was to examine the...

    View Photo »
  4. WASHINGTON, DC - NOVEMBER 15: Congressional Budget Office Director Doug Elmendorf testifies before the Senate Budget committee on Capitol Hill November 15, 2011 in Washington, DC. Elmendorf presented the committee with the CBO's fiscal and legislative policy options for increasing... Getty Images logo Getty Images 3 months ago

    WASHINGTON, DC - NOVEMBER 15: Congressional Budget Office Director Doug Elmendorf testifies before the Senate Budget committee on Capitol Hill November 15, 2011 in Washington, DC. Elmendorf presented the committee with the CBO's fiscal and legislative policy options for increasing...

    View Photo »
  5. WASHINGTON, DC - OCTOBER 26: Douglas Elmendorf, director of the Congressional Budget Office, looks over his papers during a Joint Deficit Reduction Committee hearing October 26, 2011 in Washington, DC. The special Joint Committee is tasked with finding $1.5 trillion in deficit... Getty Images logo Getty Images 3 months ago

    WASHINGTON, DC - OCTOBER 26: Douglas Elmendorf, director of the Congressional Budget Office, looks over his papers during a Joint Deficit Reduction Committee hearing October 26, 2011 in Washington, DC. The special Joint Committee is tasked with finding $1.5 trillion in deficit...

    View Photo »
  6. WASHINGTON, DC - OCTOBER 26: Douglas Elmendorf, director of the Congressional Budget Office, testifies during a Joint Deficit Reduction Committee hearing October 26, 2011 in Washington, DC. The special Joint Committee is tasked with finding $1.5 trillion in deficit reduction by... Getty Images logo Getty Images 3 months ago

    WASHINGTON, DC - OCTOBER 26: Douglas Elmendorf, director of the Congressional Budget Office, testifies during a Joint Deficit Reduction Committee hearing October 26, 2011 in Washington, DC. The special Joint Committee is tasked with finding $1.5 trillion in deficit reduction by...

    View Photo »
  7. Congressional Budget Office (CBO) Director Douglas Elmendorf, left, shakes hands with Supercommittee member, Sen. Max Baucus, D-Mont. , chairman of the Senate Finance Committee, at the end of a public hearing of a the committee, on Capitol Hill in Washington, Wednesday, Oct. 26, 2011. ... AP Photo logo AP Photo 3 months ago

    Congressional Budget Office (CBO) Director Douglas Elmendorf, left, shakes hands with Supercommittee member, Sen. Max Baucus, D-Mont. , chairman of the Senate Finance Committee, at the end of a public hearing of a the committee, on Capitol Hill in Washington, Wednesday, Oct. 26, 2011. ...

    View Photo »
  8. Congressional Budget Office (CBO) Director Douglas Elmendorf testifies on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, before the Joint Select Committee on Deficit Reduction. AP Photo logo AP Photo 3 months ago

    Congressional Budget Office (CBO) Director Douglas Elmendorf testifies on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, before the Joint Select Committee on Deficit Reduction.

    View Photo »
  9. Congressional Budget Office (CBO) Director Douglas Elmendorf testifies on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, before the Supercommittee. AP Photo logo AP Photo 3 months ago

    Congressional Budget Office (CBO) Director Douglas Elmendorf testifies on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, before the Supercommittee.

    View Photo »
  10. FILE - In this Oct. 26, 2011, file photo Congressional Budget Office (CBO) Director Douglas Elmendorf prepares to testify on Capitol Hill in Washington before the Joint Select Committee on Deficit Reduction. The spending on the table at years-end after three failed high-profile efforts... AP Photo logo AP Photo 3 months ago

    FILE - In this Oct. 26, 2011, file photo Congressional Budget Office (CBO) Director Douglas Elmendorf prepares to testify on Capitol Hill in Washington before the Joint Select Committee on Deficit Reduction. The spending on the table at years-end after three failed high-profile efforts...

    View Photo »
  11. U.S. Senator John Kerry (D-MA) (3rd L) questions Congressional Budget Office Director Douglas Elmendorf (bottom) as he testifies during the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. Also pictured are Senator Rob Portman (R-OH) (L)... Reuters Pictures logo Reuters Pictures 5 months ago

    U.S. Senator John Kerry (D-MA) (3rd L) questions Congressional Budget Office Director Douglas Elmendorf (bottom) as he testifies during the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. Also pictured are Senator Rob Portman (R-OH) (L)...

    View Photo »
  12. Charts show federal revenue and spending as Congressional Budget Office Director Douglas Elmendorf testifies before the Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of finding at least $1.2 trillion in government... Reuters Pictures logo Reuters Pictures 5 months ago

    Charts show federal revenue and spending as Congressional Budget Office Director Douglas Elmendorf testifies before the Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of finding at least $1.2 trillion in government...

    View Photo »
  13. Congressional Budget Office Director Douglas Elmendorf waits to begin his testimony before the first hearing of the Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of finding at least $1.2 trillion in government budget... Reuters Pictures logo Reuters Pictures 5 months ago

    Congressional Budget Office Director Douglas Elmendorf waits to begin his testimony before the first hearing of the Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of finding at least $1.2 trillion in government budget...

    View Photo »
  14. U.S. Senator Rob Portman (R-OH) (L) and Senator John Kerry (D-MA) (2nd L) greet Congressional Budget Office Director Douglas Elmendorf (R) before he testifies at their Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of... Reuters Pictures logo Reuters Pictures 5 months ago

    U.S. Senator Rob Portman (R-OH) (L) and Senator John Kerry (D-MA) (2nd L) greet Congressional Budget Office Director Douglas Elmendorf (R) before he testifies at their Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of...

    View Photo »
  15. A U.S. Capitol Police officer checks on Congressional Budget Office Director Douglas Elmendorf (L) as Code Pink protesters Jim Smith (2nd L) and Alli McCracken (R) stand behind him before he testifies at a Joint Deficit Reduction Committee hearing on Capitol Hill in Washington,... Reuters Pictures logo Reuters Pictures 5 months ago

    A U.S. Capitol Police officer checks on Congressional Budget Office Director Douglas Elmendorf (L) as Code Pink protesters Jim Smith (2nd L) and Alli McCracken (R) stand behind him before he testifies at a Joint Deficit Reduction Committee hearing on Capitol Hill in Washington,...

    View Photo »
  16. WASHINGTON, DC - SEPTEMBER 13: Congressional Budget Office Director Douglas Elmendorf (C) waits for the beginning of a hearing before the Joint Deficit Reduction Committee, also known as the supercommittee, as Code Pink members Alli McCracken (R) and Jim Smith protest September 13,... Getty Images logo Getty Images 5 months ago

    WASHINGTON, DC - SEPTEMBER 13: Congressional Budget Office Director Douglas Elmendorf (C) waits for the beginning of a hearing before the Joint Deficit Reduction Committee, also known as the supercommittee, as Code Pink members Alli McCracken (R) and Jim Smith protest September 13,...

    View Photo »
  17. WASHINGTON, DC - SEPTEMBER 13: Congressional Budget Office Director Douglas Elmendorf waits for the beginning of a hearing before the Joint Deficit Reduction Committee, also known as the supercommittee, September 13, 2011 on Capitol Hill in Washington, DC. The committee heard from... Getty Images logo Getty Images 5 months ago

    WASHINGTON, DC - SEPTEMBER 13: Congressional Budget Office Director Douglas Elmendorf waits for the beginning of a hearing before the Joint Deficit Reduction Committee, also known as the supercommittee, September 13, 2011 on Capitol Hill in Washington, DC. The committee heard from...

    View Photo »
  18. Congressional Budget Office Director Douglas Elmendorf testifies on Capitol Hill in Washington, Tuesday, Sept. 13, 2011, before the Joint Select Committee on Deficit Reduction. AP Photo logo AP Photo 5 months ago

    Congressional Budget Office Director Douglas Elmendorf testifies on Capitol Hill in Washington, Tuesday, Sept. 13, 2011, before the Joint Select Committee on Deficit Reduction.

    View Photo »
  19. Congressional Budget Office Director Douglas Elmendorf testifies on Capitol Hill in Washington, Tuesday, Sept. 13, 2011, before the Joint Select Committee on Deficit Reduction. The panel, often called the "supercommittee, was created out of the bipartisan compromise during the debt... AP Photo logo AP Photo 5 months ago

    Congressional Budget Office Director Douglas Elmendorf testifies on Capitol Hill in Washington, Tuesday, Sept. 13, 2011, before the Joint Select Committee on Deficit Reduction. The panel, often called the "supercommittee, was created out of the bipartisan compromise during the debt...

    View Photo »
  20. Members of the protest group Code Pink stand behind Congressional Budget Office Director Douglas Elmendorf at the start of a hearing on the national debt by the Joint Select Committee on Deficit Reduction, Tuesday, Sept. 13, 2011, on Capitol Hill in Washington. The panel, often called... AP Photo logo AP Photo 5 months ago

    Members of the protest group Code Pink stand behind Congressional Budget Office Director Douglas Elmendorf at the start of a hearing on the national debt by the Joint Select Committee on Deficit Reduction, Tuesday, Sept. 13, 2011, on Capitol Hill in Washington. The panel, often called...

    View Photo »
  21. Congressional Budget Office Director Douglas Elmendorf arrives on Capitol Hill in Washington, Tuesday, Sept. 13, 2011, to testify on the national debt at a hearing of the Joint Select Committee on Deficit Reduction. The panel, often called the "supercommittee, was created out of the... AP Photo logo AP Photo 5 months ago

    Congressional Budget Office Director Douglas Elmendorf arrives on Capitol Hill in Washington, Tuesday, Sept. 13, 2011, to testify on the national debt at a hearing of the Joint Select Committee on Deficit Reduction. The panel, often called the "supercommittee, was created out of the...

    View Photo »
  22. WASHINGTON, DC - AUGUST 24: Congressional Budget Office Director Douglas Elmendorf, briefs reporters on the economic outlook at the Congressional Budget Office, on August 24, 2011 in Washington, DC. Director Elmendorf said that economic recovery is likely to remain sluggish and that... Getty Images logo Getty Images 6 months ago

    WASHINGTON, DC - AUGUST 24: Congressional Budget Office Director Douglas Elmendorf, briefs reporters on the economic outlook at the Congressional Budget Office, on August 24, 2011 in Washington, DC. Director Elmendorf said that economic recovery is likely to remain sluggish and that...

    View Photo »
  23. U.S. Representative Dennis Kucinich (D-OH) hands out copies of a Congressional Budget Office report to reporters after a Democratic caucus meeting about debt relief legislation with U.S. Vice President Joe Biden at the U.S. Capitol in Washington August 1, 2011. A bill that raises the... Reuters Pictures logo Reuters Pictures 6 months ago

    U.S. Representative Dennis Kucinich (D-OH) hands out copies of a Congressional Budget Office report to reporters after a Democratic caucus meeting about debt relief legislation with U.S. Vice President Joe Biden at the U.S. Capitol in Washington August 1, 2011. A bill that raises the...

    View Photo »
  24. WASHINGTON, DC - AUGUST 01: U.S. Rep. Dennis Kucinich (D-OH) hands out copies of a Congressional Budget Office report after a House Democratic caucus meeting with U.S. Vice President Joe Biden at the U.S. Capitol August 1, 2011 in Washington, DC. The House of Representatives and the... Getty Images logo Getty Images 6 months ago

    WASHINGTON, DC - AUGUST 01: U.S. Rep. Dennis Kucinich (D-OH) hands out copies of a Congressional Budget Office report after a House Democratic caucus meeting with U.S. Vice President Joe Biden at the U.S. Capitol August 1, 2011 in Washington, DC. The House of Representatives and the...

    View Photo »
  25. Supercommittee members, from left, Rep. Dave Camp, R-Mich. , Rep. James Clyburn, D-S.C. and Rep. Fred Upton, R-Mich. , take part in a hearing on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, where Congressional Budget Office (CBO) Director Douglas Elmendorf testified. AP Photo logo AP Photo 3 months ago

    Supercommittee members, from left, Rep. Dave Camp, R-Mich. , Rep. James Clyburn, D-S.C. and Rep. Fred Upton, R-Mich. , take part in a hearing on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, where Congressional Budget Office (CBO) Director Douglas Elmendorf testified.

    View Photo »
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Getty Images logo Getty Images 2 weeks ago

WASHINGTON, DC - FEBRUARY 02: Director of the Congressional Budget Office Douglas Elmendorf listens during a hearing before the Senate Budget Committee February 2, 2012 on Capitol Hill in Washington, DC. The hearing was to examine the budget and economic outlook for fiscal years...

View Photo »
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Related Topics

  1. Barack Obama Barack Obama
  2. Economic Stimulus Economic Stimulus
  3. U.S. Congress U.S. Congress
  4. Newt Gingrich Newt Gingrich
  5. Patty Murray Patty Murray
  6. U.S. Republican Party U.S. Republican Party

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Related Quotes

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  1. Jaime is trying to strengthen and save Medicare ... According to the Congressional Budget Office, Medicare will run out of money by 2020 if no action is taken … Jaime voted to preserve the program for today’s seniors, and make sure it’s still there for tomorrow’s retirees.
    SOURCE: The Columbian 2 months ago
  2. If you’re serious about health care reform, abolish the Congressional Budget Office
    SOURCE: Econbrowser 2 months ago
  3. A decline in the ability of Congressional staffs to provide independent research can be traced to Newt Gingrich’s tenure as speaker, and his recent call to abolish the Congressional Budget Office has the same aim, an economist writes.
    SOURCE: Credit Writedowns 2 months ago
  4. The CBO, the Congressional Budget Office, has said that Obamacare will kill 800,000 jobs.
    SOURCE: The Washington Post 2 months ago
  5. Obamacare is killing jobs. We know that from the nonpartisan Congressional Budget Office.
    SOURCE: The Washington Post 2 months ago
  6. After nearly all the stimulus money has been spent, the Congressional Budget Office now admits it cost more than advertised, did less to boost growth and will hurt the economy in the long run.
    SOURCE: The Hedgehog Report 2 months ago
  7. The Congressional Budget Office projects that education will suffer a 7.8 percent cut, forcing massive reductions to education programs for our most disadvantaged students and those with disabilities.
    SOURCE: Education News 2 months ago
  8. We’re still very proud of the fact that — as a team — House and Senate Republicans passed the first balanced budget in a generation. . . . We did it honestly, using the Congressional Budget Office, which was tough.
    SOURCE: The Washington Post 2 months ago
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