Congressional Budget Office

The Congressional Budget Office (CBO) was created by the Congressional Budget and Impoundment Control Act of 1974. The CBO's mission is to provide the Congress with the objective, timely, nonpartisan analyses needed for economic and budget decisions and with the information and estimates required for the Congressional budget process. CBO prepares independent analyses and estimates relating to the budget and the economy and presents options and alternatives for the Congress to consider. (from the CBO's Web site at <www.cbo.gov>.)