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The Congressional Budget Office (CBO) provides Congress with information and analysis for making budgetary decisions.

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Why is the cbo important?

The Congressional Budget Office (CBO) is important because it provides nonpartisan analysis of the federal budget and the economy, helping lawmakers make informed decisions on fiscal policy. Its assessments of potential legislation's budgetary impact and economic effects guide Congress in understanding the financial implications of their choices. Additionally, the CBO's projections help ensure transparency and accountability in government spending, fostering public trust in the budgetary process.


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What is the relationship of the OMB to congress?

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Which support agency of Congress counterbalances the president's Office of Management and Budget?

The Congressional Budget Office (CBO) is the support agency of Congress that counterbalances the president's Office of Management and Budget (OMB). The CBO provides nonpartisan analysis of budgetary and economic issues to assist Congress in its decision-making process.


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