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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“Both place and time were changed, and I dwelt nearer to those parts of the universe and to those eras in history which had most attracted me.”
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