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
There did not seem to be a lot of discussion. Lawmakers that came through said they had finalized and even speaker ryan had said that they would need a cr but the duration of that and what would be included had not been decided. We do know from gop leadership aides that they are looking at a resolution through march 22, thinking that sixweek timeframe would provide them enough time to get that budget deal they have been looking for, getting an omnibus bill after they have a budget cap agreement. That timeline could be problematic because it goes past the march 5 deadline for deferred action, replacing the deferred action for Childhood Arrivals Program and democrats have tended to link a budget agreement with an immigration deal. Their willingness in the senate to agree to a timeline to march 22 remains to be seen but it is probably going to cause conflict. We will get to the immigration part of this, that but what have you heard about a possible deal on dealing with the budget cap and