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Congressional Budget Office

From Longman Business DictionaryCongressional Budget OfficeConˌgressional ˈBudget ˌOffice abbreviation CBO nounECONOMICSORGANIZATIONS the department of the US Congress that analyzes economic information, makes economic FORECASTs (=calculates what it thinks will happen in the future) etcThe CBO now forecasts that the economy will grow 2.8% next year.
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