Highlights from Fifty Years of the Congressional Budget Act

This year marks the 50th anniversary of the landmark Congressional Budget and Impoundment Control Act that established a budget process unique to the Legislative Branch. The Act created the House and Senate Budget Committees and the Congressional Budget Office, along with procedures the president must follow when implementing congressional appropriations. Fifty years later, the Bipartisan Policy Center held an exclusive event examining the CBA’s successes and failures, as well as where policymakers can go from here.