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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“I believe my ardour for invention springs from his loins. I cant say that the brassiere will ever take as great a place in history as the steamboat, but I did invent it.”
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