CBO Oversight Act

Hozzl · 2024-10-08T20:20:28Z

Explore the details of House Bill 9714 CBO Oversight Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

10/8/2024, 8:20 PM

Summary of Bill HR 9714

The "CBO Oversight Act" was introduced in the 118th Congress as H.R. 9714 on September 20, 2024. The bill aims to enhance oversight of the Congressional Budget Office (CBO). Specific provisions and directives outlined in the bill include measures to strengthen the accountability and transparency of the CBO's operations and reports. The bill focuses on ensuring the accuracy and impartiality of the CBO's economic analyses and projections. For more detailed information, the bill text and further details can be accessed via the provided links to the official PDF version and congressional resources.

Congressional Summary of HR 9714

CBO Oversight Act

This bill requires the Director of the Congressional Budget Office (CBO) to provide testimony annually at hearings held by the House and Senate Budget Committees.

Specifically, at the request of the chair of either committee, the Director must provide testimony at two hearings held by the committee by the end of the calendar year. The hearings may address any issue that the committee deems appropriate, including reviewing the accuracy of the baseline projections and estimates prepared by CBO during the most recently completed fiscal year

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Current Status of Bill HR 9714

Bill HR 9714 is currently in the status of Bill Introduced since September 20, 2024. Bill HR 9714 was introduced during Congress 118 and was introduced to the House on September 20, 2024. Bill HR 9714's most recent activity was Ordered to be Reported by the Yeas and Nays: 21 - 12. as of September 25, 2024

Bipartisan Support of Bill HR 9714

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Policy Area and Potential Impact of Bill HR 9714

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Alternate Title(s) of Bill HR 9714

CBO Oversight Act

To amend the Congressional Budget and Impoundment Control Act of 1974 to require the Director of the Congressional Budget Office to provide testimony at annual hearings held by the Committees on the Budget of the House of Representatives and the Senate, and for other purposes.