Last updated on: 6/9/2010 | Author: ProCon.org

Congressional Budget Office (CBO) Biography

Position:
None Found to the question "Is the Patient Protection and Affordable Care Act (Obamacare) Good for America?"
Reasoning:

No position found as of June 9, 2010

Description:

“CBO produces policy analyses, cost estimates of legislation, and budget and economic projections that serve as a basis for the Congress’s decisions about spending and taxes. Every piece of legislation affecting the use of the nation’s resources undergoes CBO’s scrutiny. The agency is a public-sector think tank that employs an elite, multidisciplinary staff of professional analysts–public-policy and budget experts, economists, and other critical thinkers who enjoy challenges–at levels ranging from undergraduate and graduate interns to researchers with doctorates and substantial experience.”

“Who We Are,” www.cbo.gov (accessed June 9, 2010)

Mission:

“CBO’s mandate is to provide the Congress with:

  • Objective, nonpartisan, and timely analyses to aid in economic and budgetary decisions on the wide array of programs covered by the federal budget and
  • The information and estimates required for the Congressional budget process.”

“About CBO,” www.cbo.gov (accessed June 9, 2010)

Other:
None found
Quoted in:
  1. Would medical malpractice reform (tort reform) significantly reduce the cost of health care?
  2. Is Obamacare financially burdensome for businesses?
  3. Will I pay less for health insurance and medical care?
  4. Will the health care reform laws decrease the federal deficit?