Resumen
The Congressional Budget Office (CBO) was established in 1974, one of a fundamentally important series of measures included in the Congressional Budget and Impoundment Control Act to strengthen the role of Congress in the budget process. The Act brought to an end a period of presidential dominance in the budget process, and has arguably turned it too far in the opposite direction. Philip Joyce?s new book provides an excellent history of the CBO. Equally important, it relates the CBO?s role to the rough and tumble of Congressional decision making, thus making the book a valuable case study of the political economy of the American budget process.