Answered

7. What is the purpose of the Congressional Budget Office (CBO)?

A. The CBO analyzes and submits reports about budgets to Congress.
B. The CBO proposes the budget.
C. The CBO approves the budget.
D. The CBO makes sure that the budget is constitutional.



Answer :

GinnyAnswer

Final answer:

The Congressional Budget Office (CBO) analyzes and submits reports about budgets to Congress, providing expert budgetary advice.


Explanation:

The purpose of the Congressional Budget Office (CBO) is to analyze and submit reports about budgets to Congress, providing expert budgetary advice. The CBO reviews the president's budget plan, projects the actual costs of budget items, and develops options for changes in taxing and spending. It is responsible for scoring the spending or revenue impact of all proposed legislation to assess its net effect on the budget.


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