Mission
The CBO's mandate is to provide Congress with:
- Objective, nonpartisan, and timely analysis to aid in economic and budgetary decisions on a wide array of programs covered by the federal budget;
- And the information and estimates required by the Congressional budget process. The models produced by CBO in recent times have been called into questions to their basis by government critics.
With respect to estimating spending for Congress, the Congressional Budget Office serves a purpose parallel to that of the Joint Committee on Taxation for estimating revenue for Congress, the Department of the Treasury for estimating revenues for the Executive and estimates required for the Congressional budget process. This includes projections on the effect on national debt and cost estimates for legislation.
Read more about this topic: Congressional Budget Office
Famous quotes containing the word mission:
“Man is eminently a storyteller. His search for a purpose, a cause, an ideal, a mission and the like is largely a search for a plot and a pattern in the development of his life story—a story that is basically without meaning or pattern.”
—Eric Hoffer (1902–1983)
“It is the mission of the twentieth century to elucidate the irrational.”
—Maurice Merleau-Ponty (1907–1961)
“I cannot be a materialist—but Oh, how is it possible that a God who speaks to all hearts can let Belgravia go laughing to a vicious luxury, and Whitechapel cursing to a filthy debauchery—such suffering, such dreadful suffering—and shall the short years of Christ’s mission atone for it all?”
—D.H. (David Herbert)