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116th Congress

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"CBO has become so much a part of this institution that we may take it for granted. But we should remember what a key role CBO plays in helping Congress effectively exercise the “power of the purse” assigned to us by the Constitution."
"We know the past year has been a monster year for your Office as you’ve had to meet all the deadlines of implementing the changes to the Congressional Account Act in 6 months. Kudos to you and your staff who clocked so many hours to meet the deadlines. I know the reforms are in the early stages of implementation, but we will be very interested in your thoughts about how it is going."
"While USDA’s Economic Research Service forecasted a rise in net farm income in 2019, due in most part to direct government payments, there are alarming trends in the agricultural sector that must be examined and addressed. Last year, according to USDA, farm debt reached record levels at $416 billion. Farm bankruptcies are at their highest levels since 2011. These trends appear to raise significant warning signs for the year ahead and I would like to hear from our witnesses on their outlook for 2020."