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Congressman Norman Reintroduces Bill to Restore Oversight and Accountability at the CBO

WASHINGTON — Congressman Ralph Norman (R-SC) reintroduced the Congressional Budget Office Oversight (CBO) Act, legislation designed to restore accountability and transparency within the CBO, an agency whose cost projections are used in the legislative process.

Washington is steering this country toward a $39 trillion debt cliff,” said Congressman Norman. “If Congress is ever going to get serious about reining in spending, then the CBO must be subject to routine, mandatory oversight. This bill ensures that happens.”

Under Republican leadership, the Budget Committee has strengthened its focus on holding the CBO accountable. The CBO Oversight Act would require the Director of the CBO to appear before both the House and Senate Budget Committees at least twice each year. Currently, these hearings are sporadic and infrequent, creating enormous gaps in Congress’s ability to examine and question the projections, scoring, and underlying assumptions that guide federal spending decisions.

For years, the CBO has operated with little direct scrutiny from the very people its work guides,” Norman continued. “That’s unacceptable. Taxpayers deserve a system where budget estimates are transparent, where Congress can routinely ask tough questions, and where agencies know they’re accountable to the public.”

Read the bill text HERE.