History
The Congressional Budget Office was created by Title II of the Congressional Budget and Impoundment Control Act (P.L. 93-344), which was signed into law by President Richard Nixon on July 12, 1974. Official operations began on February 24, 1975, with Alice Rivlin as director.
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“If you look at the 150 years of modern Chinas history since the Opium Wars, then you cant avoid the conclusion that the last 15 years are the best 15 years in Chinas modern history.”
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