Welcome to the committee on the Budget Hearing on oversight of the Congressional Budget Office. This hearing will focus on Cbos Organizational and operational structure. Its the first of five hearings that the Committee Plans to hold regarding oversight of the congressional budget. The goal of todays hearing is to learn more about cbo, which was created as part of the congressional budget and impoundment act of 1974. For decades this agencys primary duth and function has been to assist congress in the federal budget making process providing cost estimates, economic analysis, working papers and other insightful publications. Members of the house and Senate Budget committees rely on cbo as an objective, impartial resource when writing budget resolutions. The agency also plays a key role in advising this committee as it enforces budget rules. Without question, there are dozens of fine men and women employed by cbo, including analysts, management and support staff, but more than 40 years s
The hearing will come to order. Welcome to the committee on the Budget Hearing on oversight of the congressional budget up as. Cbosearing will focus on organizational and operational structure. The goal of todays hearing is to learn more about cbo, which was created as part of the budgeting and an pound meant act of 1974. For decades, this organizations primary function in duty has been to assist congress by providing cost estimates, economic analysis, working papers, and other publications. Members of the house and Senate Budget committee rely on cbo as an objective and partial impartial resource for budgeting. It also plays a key role in advising the committee is it enforces budget roles. Without question, there are dozens of feynman and women employed by cbo including analysts, management, and support staff. For more than 40 years since its founding, congress has not undertaken a conference of review of cbos structure and processes. It is still under its original permanent authoriza
It is 10 00 and good morning, everyone. The hearing will come to order. Welcome to the committee on the budgets hearing on oversight of the Congressional Budget Office. This hearing will focus on Cbos Organizational and operational structure. It is the first of five hearings that the Committee Plans to hold regarding oversight of the congressional budget. The goal of todays hearing is to learn more about cbo, which was created as part of the congressional budget and impoundment act of 1974. For decades, this agencys primary function and duty has been to assist congress in the federal budget making process by providing cost estimates, economic analysis, working papers and other insightful publications. Members of the house and Senate Budget committees rely on cbo as an objective, impartial resource when writing budget resolutions. The agency also plays a key role in advising this committee as it enforces budget rules. Without question, there are dozens of fine men and women employed by
Representative pelosi good afternoon, everyone. Are over what has happened in mexico city. We pray for them and continue to pray for americans in puerto rico and the virgin islands, florida, everyone who has been texas andy harvey in irma in florida and now hurricane maria. You make an people expect the federal government to meet their needs. We are working very hard to make that connection. We are praying and so proud of all of them for how they have come together as communities. So here we are. The reason i wanted to see all of you today is because they have now hold their latest and worst version, with stiff competition, of how to overturn the afford will care act. Again, higher cost, less protectionsep gutted, steal from medicaid, all kinds of things that are not in it, like the funding for opioids, issues that relate to preexisting conditions. That protection gone. It is really a terrible bill. Poorly written. Toer schumer and i wrote cbo, along with Bernie Sanders and john yarmut
Congressman henry cuellar. It is from laredo. He has been serving in congress is 2004. One of the reasons im excited to have him here today is that he is an appropriate her. Which is inside washington jargon for he helps decide how we spend our money. If there was anything that i was told in the aftermath of hurricane harvey, the five most important members of congress are john cornyn, listener majority whip and the bright appropriators. This is a bipartisan effort. He is a democrat so he will lead the efforts by the state of texas to get as much money for harvey as possible. And to my left is a man from louisville elected 2002. He is the most important texan from congress on healthcare issue. I was asked if he was the quarterback of the effort for healthcare reform and he said im the water boy. He is very important in this issue. I can tell you both, follow these guys around the capital, annoy them, i asked them questions and i very much believe in their issues. They work hard and im