CBO Transparency: Mandatory Schedule for Federal Budget and Deficit Reports.
This law mandates the Congressional Budget Office (CBO) to publish an annual public schedule detailing the expected release dates of major recurring reports concerning the federal budget and deficit. This change enhances transparency, allowing citizens and analysts to better anticipate and track crucial government financial data and policy options. It ensures greater predictability in the budget planning process.
Key points
The CBO must annually publish a schedule of expected release dates for its most important financial reports on its public website.
The schedule must include publication dates for budget baselines, deficit reduction options, and reports on projection accuracy.
The reform aims to increase transparency and predictability regarding the availability of key economic data used in legislative decisions.
Expired
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