Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Congressional Budget Office

Read a random definition: island

A quick definition of Congressional Budget Office:

The Congressional Budget Office (CBO) is a part of the government that helps predict how the economy will do in the future, figures out how much things will cost, and does special studies about money. They also make reports every year that talk about how much money the government is spending and where it's going. The CBO was made in 1974 by a law called the Congressional Budget Act.

A more thorough explanation:

The Congressional Budget Office (CBO) is an office in the legislative branch of the federal government. Its main responsibilities include:

  • Forecasting economic trends
  • Making cost estimates
  • Conducting special studies in budget-related areas
  • Issuing annual reports that discuss federal spending and revenue levels and the allocation of funds

The CBO was established by the Congressional Budget Act of 1974. Its purpose is to provide Congress with nonpartisan analysis and information to help them make informed decisions about the federal budget.

For example, if Congress is considering a new bill that would increase spending on healthcare, the CBO would estimate how much that bill would cost over the next 10 years. This information would help Congress decide whether or not to pass the bill.

conglomerate merger | congressional committee

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
LSD+ is ad-free, with DMs, discounts, case briefs & more.