Section 1 Short title
This Act may be cited as the “CBO Oversight Act”.
CBO Oversight Act
A BILL
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.
Sec. 2 Congressional Budget Office annual hearings requirement
In general— Title II of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 601 et seq.) is amended by inserting after section 203 the following new section:
“204. Congressional Budget Office annual hearings requirement
“During each calendar year, at the request of the chair of the Committee on the Budget of the House of Representatives or the Senate, the Director shall provide testimony at two hearings at each such Committee by the end of the calendar year. Such hearings may address any issue such Committees deem appropriate, including reviewing the accuracy of the baseline projections and estimates prepared by the Office during the most recently completed fiscal year.”
Clerical amendment— The table of contents in section 1(b) of such Act is amended by inserting after the item relating to section 203 the following: