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House Budget Committee chair urges independent audit of Congressional Budget Office
Summary
At a Committee on the Budget hearing, the chair praised CBO Director Phil Swagel for responsiveness but said an independent, holistic audit is needed to ensure the Congressional Budget Office's analyses are accurate, timely and transparent and to protect the agency from politicization.
The chair of the House Committee on the Budget opened a hearing on oversight of the Congressional Budget Office and urged a formal, independent audit of the agency’s practices and operations.
"Given our nation's unsustainable fiscal trajectory, it's never been more important for the CBO ... to provide the most accurate, timely, and transparent information and analysis to Congress and the American people," the chair said, and warned against CBO "being reduced to a political pinata." The chair…
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