Review Questions:
- What is a CBO “score”?
a.A grade the CBO legislation appraising its moral implications
b. An assessment of how much money CBO staff will earn during a calendar year.
c. An analysis of the expected fiscal impact of a piece of legislation under debate in the U.S. Congress.
d.A detailed list of the Congressional budget outlays over the course of the prior fiscal year.
2.Which of the following was part of the 1974 Congressional Budget and Impoundment Control Act?
a.Holding down rising oil prices.
b. Impeaching President Nixon for stealing federal money
c. Creating the Congressional Budget Office
d. Creating the Environmental Protection Agency
3. The Congressional Budget Office serves the purpose of:
a. Providing objective economic analysis
b.Providing journalists with good quotes
c.Balancing out the pessimism of the White House
