CBO
Congressional budget office
CBO is an abbreviation for Congressional Budget Office, the nonpartisan federal agency that provides economic and budgetary analysis to the U.S.
Congress.
CBO scores are estimates of how proposed legislation would affect federal spending and revenue: The CBO projected the bill would add $1.4 trillion to the deficit.
In business contexts, CBO can also mean chief business officer.
Amount still owed
- surplusAmount exceeding requirement
- federal budgetGovernment's yearly financial plan
- appropriationsDesignated funds for purposes
- entitlementsLegally guaranteed benefits
mandatory spending · discretionary spending · spending cuts · debt ceiling · fiscal year · outlays · receipts · baseline
Not aligned politically
- scorekeepingRecording points during competition
- budget analysisEvaluating income and expenditures
- economic forecastingPredicting future market conditions
- revenue projectionsEstimated future income
director · testimony · reports · methodology
Employed and job-seeking population
- interest ratesPrice paid for borrowing
- healthcare costsFees for medical services
- Social SecurityFederal old-age insurance program
- MedicareFederal senior health program
U.S. lawmaking body
- SenateLegislative body, often bicameral's elder
- HouseBuilding for habitation
- bipartisanInvolving both major parties
- markupAdded percentage for profit
conference · authorization · reauthorization · pay-as-you-go
deficit
Amount still owed
- surplusAmount exceeding requirement
- federal budgetGovernment's yearly financial plan
- appropriationsDesignated funds for purposes
entitlements · mandatory spending · discretionary spending · spending cuts · debt ceiling · fiscal year · outlays · receipts · baseline · sequestration
nonpartisan
Not aligned politically
- scorekeepingRecording points during competition
- budget analysisEvaluating income and expenditures
- economic forecastingPredicting future market conditions
revenue projections · director · testimony · reports · methodology
labor force
Employed and job-seeking population
- interest ratesPrice paid for borrowing
- healthcare costsFees for medical services
- Social SecurityFederal old-age insurance program
Congress
U.S. lawmaking body
- SenateLegislative body, often bicameral's elder
- HouseBuilding for habitation
- bipartisanInvolving both major parties
markup · conference · authorization · reauthorization · pay-as-you-go
Organization promoting a cause
political action committee · lobbying firm · party caucus · party platform
Federal agency managing government finances