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2008 General CBO Presentation 1

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General information about the Congressional Budget Office.

General information about the Congressional Budget Office.


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  • Agency of the US Congress
  • Transcript

    • 1. Congressional Budget Office United States Congress
    • 2. Introduction to CBO
      • CBO’s History and Mission
      • CBO’s Organization and Staffing
      • CBO’s Responsibilities
    • 3. CBO’s History and Mission
      • History
        • Congressional Budget and Impoundment Control Act of 1974
      • Most work supports the work of the budget and appropriations committees.
      • Mission - objective, timely, nonpartisan
    • 4. CBO’s Organization and Staffing
      • CBO has 230 full-time staff.
      • Director appointed jointly by the Speaker and President pro tempore.
      • Director appoints all CBO staff, based solely on professional competence, not political affiliation.
      • 70+% of CBO professional staff hold advanced degrees in economics, public policy, or a related field.
    • 5. Divisional Responsibilities
      • CBO is organized in accord with its responsibilities for budget and program analysis.
        • Budget Analysis
        • Macroeconomic Analysis
        • Tax Analysis
        • Health and Human Resources
        • Microeconomic Studies
        • National Security
    • 6. CBO does not
      • Make policy recommendations (strictly nonpartisan; no judgments about a legislative proposal’s “merits”)
      • Write legislation (we evaluate different proposals, options)
      • Implement programs, regulations, enforce budget rules (that’s all Executive Branch)
      • Audit spending or receipts (that’s GAO)
    • 7. CBO’s Responsibilities
      • Help Congress develop a budget plan.
      • Help Congress stay within its budget plan.
      • Help Congress assess the impact of federal mandates.
      • Help Congress consider issues related to the budget and to economic policy.
    • 8. Budget Analysis Division
        • Multi-year spending projections (Baseline)
        • Analysis of President’s budget
        • Cost estimates
        • Mandates
        • Scorekeeping
    • 9. Budget Analysis Division: 7 Units
      • 4 Federal Cost Units
      • State & Local Cost Unit
        • Review bill for unfunded mandates and intergovernmental effects
        • Conduct other research related to state/local/tribal governments
      • Scorekeeping Unit
        • Track appropriations bills
      • Projections Unit
        • Coordinate CBO Baseline and other multiyear projections
        • Estimate debt and interest costs
        • Write key portions of the annual Budget and the Economic Outlook and the Analysis of the President’s Budget
        • Maintain budget analysis data
        • Enable data transfer with budget and appropriations committees
    • 10. Cost Estimating Is…
      • 1/3 Research
          • Contact with agencies, experts, stakeholders
      • 1/3 Analysis
          • Understanding current law and proposed changes
          • Identify and quantify direct cost to private sector
      • 1/3 Communication
          • Summarize findings
          • Explain and write estimate
    • 11. Program Divisions
      • Prepare special reports as requested by Congress
      • Assist Budget Analysis Division in producing estimates
      • Estimate private-sector mandates
      • Provide assistance to Congressional staff as requested
    • 12.
        • Advisory Role: no enforcement power; “influence’ depends on quality and objectivity of work
        • Independent: separate appropriation; work for majority and minority; bicameral appointment of Director
        • Nonpolitical: nonpartisan by law; objective analysis , not advocacy
        • Executive Branch Access: agencies must provide available information and data
        • Availability and Timeliness: estimates only relevant if done quickly; available to everyone; we give basis
        • Non-bureaucratic: responsive and accessible staff
      Summary
    • 13. CBO’s Dynamic Work Environment
        • Impact of work
        • Challenging work
        • Opportunity to learn on a daily basis
        • Collegial environment
        • Work – Life balance
    • 14. Opportunities at CBO
      • Ph.D.’s
      • Master’s degrees
      • Bachelor’s degrees
      • Internships
      • CBO applicable fields include economics, public policy/administration, public health, public finance, and mathematics.
    • 15. www.cbo.gov
      • Online application for
        • Full-time positions
        • Summer internships
      • Register for Job Alerts
      • List-serve for publications and cost estimates
    • 16. Congressional Budget Office Questions and Answers For more information, visit: www.cbo.gov