Republican Sen. Chuck Grassley once said that the Congressional Budget Office “is God [on Capitol Hill] because policy lives and dies by CBO’s word.”
The agency is known for its nonpartisan and independent analysis of the federal budget and spending proposals. That reputation was established in part by its first executive director, Alice Rivlin, who died on May 14 at the age of 88.
The CBO was established during the Nixon administration to be free of the political forces that buffet budgetary analyses by executive-branch agencies. Rivlin remained a fierce defender of that independence long after she stepped down.
The agency continues to play a major role in Washington’s budget deliberations.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.