1. CBO - Noun
2. CBO - Proper noun
(law, England & Wales) Initialism of criminal behaviour order.
Initialism of community-based organization.
CBO
(US, politics) Initialism of Congressional Budget Office.
According to the CBO, publicly held federal debt will reach 98% of GDP this year and it will surpass 100% of GDP in 2021. Source: Internet
After a session of Congress ends, CBO is required to issue a report that provides estimates of the limits (often called caps) on discretionary budget authority that are in effect through 2021. Source: Internet
At $3.1 trillion, per the CBO, the deficit now stands at 15.2% of our gross domestic product, the largest percentage since 1945, when we were fighting a world war. Source: Internet
By CBO calculations the household incomes in the first quintile and second quintile have an average total federal tax rate of 1.0% and 3.8% respectively. Source: Internet
CBO says publicly held debt will reach 101% of gross domestic product by the end of this year, just below the post-war high. Source: Internet
Appearing in custody at Wood Green Crown Court on Tuesday, Tofangazan admitted six counts of breaching the CBO. Source: Internet