CBO Oversight Act

Title II of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 601 et seq.) is amended by inserting after section 203 the following new section:

During each calendar year, at the request of the chair of the Committee on the Budget of the House of Representatives or the Senate, the Director shall provide testimony at two hearings at each such Committee by the end of the calendar year. Such hearings may address any issue such Committees deem appropriate, including reviewing the accuracy of the baseline projections and estimates prepared by the Office during the most recently completed fiscal year.

The table of contents in section 1(b) of such Act is amended by inserting after the item relating to section 203 the following: