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1 1 (2020)

handle is hein.congrec/cboanrec0001 and id is 1 raw text is: FEBRUARY 27 ,2020 Answers to Questions for the Record Following a Hearing Conducted by the House Committee on the Budget on The Budget and Economic Outlook: 2020 to 2030 On January 29, 2020, the House Committee on the Budget convened a hearing at which Phillip L. Swagel, the Congressional Budget Offices Director, testified about the agency' report The Budget and Economic Outlook: 2020 to 2030.' After the hearing, three Members of the Committee submitted questions for the record. This document provides CBO's answers. It is available at www.cbo.gov/publication/56167. CongresswomanJackson Lee Question. Has the Congressional Budget Office (CBO) ever studied and documented the impact on the national economy of the United States and on the African American community of what President Lincoln said was the 250 years of unrequited toil, that was the cause of the Civil War? Answer. CBO has not studied the economic impact on the United States of what President Lincoln described as 250 years of unrequited toil, nor has it explored the economic repercussions of slavery on the African American community. Question. Would a report of a truth and reconciliation commission that was created to explore whether it would be appropriate and warranted to recommend reparative relief to compensate the descendants of those persons held in bondage assist the CBO in document- ing the economic impact of the uncompensated labor of slaves on racial disparities that are so evident today in the economic circumstances of communities of color? If so, how? If not, why? What would you recommend as an alternative? Answer. CBO anticipates that it would be assisted by information from a report exploring potential reparative relief if the leadership of the Congress or its committees asked the agency to study the impact that the uncompensated labor of enslaved African Americans has had on the economic circumstances of communities of color. Estimating that impact would be very difficult. 1. See Congressional Budget Office, The Budget andEconomic Outlook: 2020 to 2030 (January 2020), www.cbo.gov/publication/56020.

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