Congressional Budget Office
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The Congressional Budget Office 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.
With respect to estimating spending for Congress, the Congressional Budget Office serves a purpose parallel to that of the Joint Committee on Taxation for estimating revenue for Congress, the Department of the Treasury for estimating revenues for the executive branch, and the Office of Management and Budget for estimating spending for the executive branch.
The responsibilities of this office include projecting the budgetary effects of proposed legislation. The main goal is to provide Congress with objective, timely, nonpartisan analyses needed for economic and budget decisions and with the information and estimates required for the Congressional budget process. This includes projections on the effect on national debt.1
Directors
| Peter R. Orszag | January 18, 2007 - |
| Donald B. Marron (Acting) | December 29, 2005 – January 2007 |
| Douglas Holtz-Eakin | February 5, 2003 - December 29, 2005 |
| Barry B. Anderson (Acting) | January 3, 2003 – February 5, 2003 |
| Dan L. Crippen | February 3, 1999 - January 3, 2003 |
| James Blum (Acting) | January 29, 1999 – February 3, 1999 |
| June E. O'Neill | March 1, 1995 - January 29, 1999 |
| Robert D. Reischauer | March 6, 1989 - February 28, 1995 |
| James L. Blum (Acting) | - March 6, 1989 |
| Edward M. Gramlich (Acting) | April 28, 1987 - |
| Rudolph G. Penner | September 1, 1983 - April 28, 1987 |
| Alice M. Rivlin | February 24, 1975 - August 31, 1983 |
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