Expediting Federal Data Sharing for Congressional Budget Analysis.
This law grants the Congressional Budget Office (CBO) faster access to data held by executive branch agencies. This allows the CBO to produce more timely and accurate cost estimates for proposed legislation. While primarily an internal government procedure, the goal is to ensure Congress makes better-informed decisions regarding spending and taxes, which ultimately affects citizens' finances.
Key points
CBO gains expedited access to federal agency data to improve the speed and accuracy of legislative cost analysis.
The law amends the Privacy Act of 1974 to create a specific exception allowing this data disclosure to the CBO.
Status:
Became Law
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