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When the Congress considers legislation that would authorize a nonfederal entity to carry out certain duties, CBO must decide whether to treat the associated cash flows as federal transactions when estimating the bill’s budgetary effects.
- Report
The Senate Budget Committee convened a hearing at which Director Keith Hall testified about CBO’s report The Budget and Economic Outlook: 2017 to 2027. This document provides CBO’s answers to questions submitted for the record.