Congressional Budget Office

Congressional Budget Office

The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress. Inspired by California's Legislative Analyst's Office that manages the state budget in a strictly nonpartisan fashion, the CBO was created as a nonpartisan agency by the Congressional Budget and Impoundment Control Act of 1974.

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Congressional Budget Office
Congressional Budget Office"If the debt limit remains unchanged, the government's ability to borrow using extraordinary measures will probably be exhausted in August or September 2025."Jul 06, 2025


© 2025 Improve the News Foundation. All rights reserved.Version 6.13.0

© 2025 Improve the News Foundation.

All rights reserved.

Version 6.13.0