What is the role of the congressional budget office (cbo) in the federal budgetary process? a.) the cbo is responsible for preparing and managing the federal government's budget. b.) the cbo is responsible for preparing and managing congress's version of the federal government's fiscal year budget. c.) the cbo works jointly with the president and congress to implement spending decisions for each fiscal budget. d.) the cbo gives congress independent economic data to members fully understand and make decisions about the president's proposed budget.

The role of the congressional budget office (CBO) in the federal budgetary process is it gives Congress independent economic data to help members fully understand and make decisions about the President's proposed budget.

Option D

Explanation:

The "congressional budget office" is short-termed CBO and tasked with providing an estimate that the congress could make use of in implementing its procedures and rules related to the enforcement of budgets.  

The CBO procedures must be in a line that's recognisable with the three fundamental distinctions between three primary components that make up the federal budget.

the act of deciding on matters of the economy. economic decision making is routinely conducted by finance ministers, economic advisors, heads of major central banks and business leaders and can have profound effects on a major economy.