Question

What is the role of the Congressional Budget Office (CBO) in the federal budgetary process?
a.
The CBO is responsible for preparing and managing the federal government’s budget.
b.
The CBO is responsible for preparing and managing Congress’s version of the federal government’s fiscal year budget.
c.
The CBO works jointly with the President and Congress to implement spending decisions for each fiscal budget.
d.
The CBO gives Congress independent economic data to help members fully understand and make decisions about the President’s proposed budget.

Answer 1

hmm.. what you guess...?

Answer 2

I am stumped on this one paki

Answer 3

http://www.allgov.com/departments/legislative-branch/congressional-budget-office?agencyid=7428
@DanteFemboy

Answer 4

hmm... i will click on last option... for details, please have a look...

http://en.wikipedia.org/wiki/Congressional_Budget_Office

Answer 5

The Congressional Budget Office (CBO) is responsible for helping analyze economic and budgetary decisions, as well as financial programs administered by the federal government. Additionally, the CBO provides estimates for the Congressional budget process, and issues studies, reports, briefs, presentations, background papers, letters, and other publications on the budgetary process and testifies before Congress on a variety of economic issues. The $700 billion bailout of troubled Wall Street companies in 2008 forced the CBO into new territory as the nation’s deficit climbs to record levels.
http://www.allgov.com/departments/legislative-branch/congressional-budget-office?agencyid=7428

Answer 6

It's A right?

Answer 7

The Congressional Budget Office (CBO) is responsible for providing analysis and estimates on issues affecting the budget, costs of pending legislation and an economic outlook for the U.S. For every bill that comes before Congress or a committee, the CBO provides cost estimates that project the price tag of the potential new law over its complete term. According to the Congressional Budget and Impoundment Control Act of 1974 and the Unfunded Mandates Act of 1995 (pdf), the CBO must produce a cost estimate and mandate statement for every bill reported by a Congressional committee.

Answer 8

I know. I skimmed thought it all.

Answer 9

So it is A, right?

Answer 10

but i am agree with D here... what you guys say... ? @confluxepic @DanteFemboy

Answer 11

^^

Answer 12

I had the same thoughts but I wasn't sure. @paki

Answer 13

Ok. I'll try D. ^^ Thanks. ^^

Answer 14

pleasure... @confluxepic :)

Answer 15

:)

Answer 16

I got a 100% Lol. Didn't see that coming. I just impressed myself. xD

Answer 17

@paki @confluxepic

Answer 18

That's great.

Answer 19

congratulations... and RIP paki...