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New Director Of Congressional Budget Office

New Director Of Congressional Budget Office

U.S. Senate Budget Committee Chairman Mike Enzi (R-WY) and House Budget Committee Chairman John Yarmuth (D-KY) announced University of Maryland economics professor Dr. Phillip Swagel, a former Treasury official under President George W. Bush, will be the next director of the non-partisan Congressional Budget Office (CBO). Swagel was Assistant Secretary of Treasury for Economic Policy from 2006-09, served on the White House Council of Economic Advisers, and was an economist for the Federal Reserve Board. The CBO advises Congress on projected costs of legislation.

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