Under whose authority does the CBO operate? a)The Senate and the House b)Senate only c)House only d)The Supreme Court
@abbyselena2199
Hold on let me do some research!
CBO’s work follows processes specified in the Congressional Budget and Impoundment Control Act of 1974 (which established the agency) or developed by the agency in concert with the House and Senate Budget Committees and the Congressional leadership. Most of the processes that guide CBO’s work have been in place since the early days of the agency in the 1970s.
ok @abbyselena2199
So A
thnx
The CBO or Congressional Budget Office operates under the authority of congress. CBO was founded on July 12, 1974, with the enactment of the Congressional Budget and Impoundment Control Act (P.L. 93-344). The agency began operating on February 24, 1975, with the appointment of Alice Rivlin as the first director.
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