Meaning of “the CBO” in the English Dictionary

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"the CBO" in Business English

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the CBOnoun

uk us GOVERNMENT, POLITICS

abbreviation for the Congressional Budget Office : a department of the US government that calculates the cost of different parts of the national budget, and advises on preparation of the budget:

The CBO report blamed tax cuts for reducing budget surpluses.

(Definition of “the CBO” from the Cambridge Business English Dictionary © Cambridge University Press)