Happy 35th Birthday CBO!!!
CBO is celebrating its 35th birthday! The agency was created by the Congressional Budget and Impoundment Control Act of 1974 (P.L. 93-344) and officially opened for business on February 24, 1975, when [CRFB Board Member] Alice Rivlin became its first director.
Since then, under eight different directors*, the agency has provided the Congress with objective, non-partisan budget and economic information on a wide variety of issues. I am delighted to have the privilege of leading such a superb organization and the opportunity to work with such a skilled and dedicated staff. CBO looks forward to many more years of serving the Congress as it grapples with the important issues facing the nation.
*CRFB's board includes six of CBO's eight directors: Alice Rivlin, Rudy Penner, Robert Reischauer, June E. O'Neill, Dan Crippen, and Doug Holtz-Eakin. The remaining two are currently holding public office, as the heads of the OMB (Peter Orszag) and CBO (Doug Elmendorf).
From our entire board and staff, we'd like to wish CBO a very happy birthday.