CBO estimates that enacting this legislation would result in a net increase in the deficit totaling $367 billion over the 2022-2031 period, not counting any additional revenue that may be generated by additional funding for tax enforcement.
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CBO stands for Chief Banking Officer (corporate title) Suggest new definition. This definition appears somewhat frequently and is found in the following Acronym Finder categories: Business, finance, etc.Why does CBO prepare cost estimates?
Why does CBO prepare cost estimates? The Congressional Budget and Impoundment Control Act of 1974, which established the agency, directs CBO to estimate the costs of bills and resolutions approved by Congressional committees other than the House and Senate Appropriations Committees. Such cost estimates are intended to ensure that when the House and Senate consider legislation recommended by committees, Members have information about the budgetary consequences of enacting that legislation ...Why is a CBO important?
CBOs also have a role in community development as the public voice of the community. One of the best features of a CBO, due to their localized focus, is that it is a wealth of information regarding the issues it is focused on within the community.What does CBO stand for in University?
Chief business officer ( CBO) is the position of the top operating executive of growing commercial companies or an academic/research institution (such as a university, college, institute, or teaching hospital ).
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