The budgetary process in the United States is intricate and involves multiple steps and actors, including the President, Congress, and various federal agencies. One particularly significant aspect of this process is the role of the Congressional Budget Office (CBO). The CBO produces nonpartisan analyses for the U.S. Congress, which informs lawmakers about budgetary options and the implications of legislative decisions on the federal budget.
In the context of the CBO's influence, consider the following statements. Which of the following accurately describes a key feature of the CBO's role in the budgetary process?