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Statement of Alice M. Rivlin Director of the Congressional Budget Office before the Subcommittee on Legislative Branch Appropriations on Supplemental Appropriation Request for Fiscal Year 1976 1 (November 1975)

handle is hein.congrec/cbo8117 and id is 1 raw text is: Senate Subcommittee on Legislative Branch Committee on Appropriations, November 12, 1975 I CONGRESSIONAL BUDGET OFFICE Statement of Alice M. Rivlin Director of the Congressional Budget Office Be fore The Subcommittee on Legislative Branch Appropriations on Supplemental Appropriation Request for Fiscal Year 1976 Mr. Chairman and members of the subcommittee, we appreciate the opportunity to present the first appropriation request for the new Congressional Budget Of tice (CBO). Auth orizat ion The Congressional Budget and Impoundment Control Act of 1974 (Public Law 93-344) created CBO and provided that its expenses should be paid from the contingent fund of the Senate until there could be a formal appropriation for the office. The contingent fund arrangement is limited by Section 201(f) of the Act to a period not exceeding twelve months following the date of my appointment, which was February 24, 1975. Therefore, we are requesting a supplemental appropriation now for the remainder of Fiscal Year 1976 and the transition quarter covering the period July 1, 1976 through September 30, 1976. CBO's Mission and Functions CEO's mission is to provide to the Congress detailed and accurate budget information and studies of the impact of alter- native policies and, thereby, to help Congress implement the new budget process and make informed budget decisions.

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