The CBO Show Your Work Act mandates that the Congressional Budget Office publicly release the models, data, and computational details used in its legislative cost estimates to ensure transparency and independent replicability.
Warren Davidson
Representative
OH-8
The CBO Show Your Work Act mandates that the Congressional Budget Office publicly release the models, data, and computational details used to estimate the fiscal and economic impacts of legislation. By requiring transparency and replicability, the bill ensures that outside parties can independently verify CBO findings. It also establishes clear protocols for handling confidential data to maintain privacy while maximizing public access to information.
The Congressional Budget Office (CBO) is essentially the umpire of the federal government, calling 'balls and strikes' on how much new laws will cost taxpayers. The CBO Show Your Work Act aims to pull back the curtain on that process by requiring the agency to publicly release the math, data, and computer code it uses to reach its conclusions. Under this bill, the CBO must post its fiscal and policy models on its website in a format that allows anyone—from a data scientist at a tech firm to a curious small business owner—to independently replicate their results.
Currently, when the CBO says a new healthcare or infrastructure bill will cost $100 billion, we mostly have to take their word for it. This legislation changes that by requiring the disclosure of every 'data preparation routine' and 'assumption' used in their calculations. Imagine you’re applying for a loan and the bank denies you based on a secret internal score; this bill is like forcing the bank to show you the exact formula they used. By making these models public, the bill allows outside experts to double-check the government’s math, ensuring that the projections affecting our taxes and services are based on solid logic rather than hidden glitches.
One of the trickiest parts of government data is handling sensitive info, like private tax records or health statistics. Section 2 of the bill creates a workaround for this: if the CBO is legally barred from sharing specific raw data, they must instead provide a detailed list of the variables they used, descriptive statistics that don't break privacy, and the contact info for the entity that holds the original data. It’s a 'trust but verify' approach that tries to keep personal information safe while still giving researchers enough breadcrumbs to follow the CBO’s trail.
For the average person juggling a mortgage and a 401(k), this bill means more transparency in how national priorities are funded. If a policy analyst at a non-profit or a university finds a flaw in a CBO model that was overestimating the cost of a popular program, they can now point to the specific line of code or data set to prove it. This shift, which kicks in six months after the bill becomes law, turns the budget process from a closed-door session into an open-source project, potentially leading to more accurate estimates and fewer 'surprises' in the federal deficit down the road.