CSPAN CBO Director Speaks At Boston College Retirement Symposium August 7, 2017
First of all, cbo was created by the congressional budget and helmet control act of 1974. We were set up to be an objective and impartial agency that is strictly nonpartisan, and we provide analysis of budgetary and economic issues. The director, towards that goal, the director is appointed jointly by the speaker of the house, and the president pro tem of the senate. Cbo has about 235 employees, hired solely on the basis of congressional competence, and without regard to political affiliation. Most have advanced degrees, 80 of our folks have an advanced degree, either a phd or masters degree. ...