A review of selected congressional cost analyses

by W. F. Hederman, Terry A. Nelson

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This analysis examines the first year of legislative cost estimation activity by the U.S. Congressional Budget Office from the perspective of the CBO's Natural Resources Cost Unit. The authors discuss types of legislation analyzed, associated costs, and the methods of cost analysis. They present illustrative case studies and suggest improvements in the current Congressional cost estimation process.

This report is part of the RAND Corporation Paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

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