The "CBO Show Your Work Act" is a federal bill that aims to increase transparency and accountability in the Congressional Budget Office (CBO). The main provisions of the bill require the CBO to provide more detailed explanations and justifications for its cost estimates and economic impact analyses of proposed legislation. This includes disclosing the data, models, and assumptions used in their analysis. The bill seeks to enhance understanding of how the CBO arrives at its conclusions and promote greater scrutiny of its work by Congress and the public. If passed, this legislation could lead to more informed decision-making regarding federal budgeting and policy proposals.
2023-03-09: Introduced in House
2023-03-09: Referred to the House Committee on the Budget.
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