What Does CBO Stand For?
CBO stands for Congressional Budget Office
The Congressional Budget Office (CBO) is a nonpartisan federal agency within the legislative branch of the United States government. Established in 1974, its primary role is to provide Congress with objective, timely, and relevant analyses of budgetary and economic issues. The CBO produces cost estimates of proposed legislation, conducts economic forecasts, and analyzes the fiscal impact of federal policies, thereby supporting informed legislative decision-making.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym