Telephone: (202) 226-2750
Fax: (202) 226-0332
The Macroeconomic Analysis Division has two major responsibilities: economic forecasting and policy analysis. In its forecasting role, the division is responsible for preparing CBO's economic projections for periods up to 10 years. Those projections help the budget committees develop the concurrent resolution on the budget and serve as the economic assumptions underlying CBO's baseline projections of the budget. In its policy analysis role, the division examines the effects of fiscal policy on the economy using state-of-the-art macroeconomic models. The results of those studies and analyses, along with general information on macroeconomic issues, aim to inform the Congress in its decisionmaking and bolster the public's understanding. In analyzing the macroeconomic effects of a wide range of fiscal policies, the division works closely with CBO's other divisions.
Robert A. Dennis has been with CBO since 1979. Before being named Assistant Director, he served as Deputy Assistant Director of the division. Previously, he was Manager of Macroeconomic Forecasting for Economic Models Ltd. in London and Director of National Economic Projections for the National Planning Association in Washington, D.C.