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Grumet: Swagel "Right Person at Right Time" to Lead CBO

Washington, D.C.– The following is a statement from Bipartisan Policy Center President Jason Grumet:

“On behalf of the Bipartisan Policy Center, I commend Congress for appointing Phillip Swagel as the new director of the Congressional Budget Office. Swagel is a first-rate economist and a dedicated public servant. Phill is the right person at the right time to anchor CBO’s essential role in the legislative process.

“We have witnessed Swagel’s talents first hand as a co-chair of BPC’s Financial Regulatory Reform Initiative. During this three-year effort, Swagel demonstrated commitment to rigorous, evidence-based economic analysis and practical solutions. Swagel is also uniquely skilled at explaining complex economic analysis, which is essential to CBO’s impact and credibility.

“Evidence based debate is the core of effective governance. In the coming months, CBO will no doubt be challenged to analyze a series of important and politically freighted proposals. The nation is well-served to have Phill Swagel continuing CBO’s unwavering commitment to provide Congress and the nation with expert and objective fiscal analysis.”