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Senate Appropriations Subcommittee Issues Testimony From CBO Director Swagel Targeted News Service WASHINGTON, April 30 The Senate Appropriations Subcommittee on Legislative Branch issued the following testimony by Congressional Budget Office Director Phillip L. Swagel at a hearing on fiscal 2022 budget request:
Congressional Budget Office s budget request. CBO is asking for appropriations of $61 million for fiscal year 2022. That amount represents an increase of $3.7 million, or 6.4 percent, from the $57.3 million provided to CBO for 2021. Of the total amount, nearly 91 percent would be used for personnel costs. The proposed budget reflects strong interest from Congressional leadership, committees, and Members in CBO s estimates, analysis, and technical assistance interest that will strain the agency s resources in many areas. The need to rapidly assess the economic effects of the 2020-2021 coronavirus pandemic and the impact o ....