. >> next phillip boyce said down with booktv to discuss his book "the congressional budget office". the interview is part of booktv's college series. >> host: we are at the university of maryland talking to professors who are also offers. we are joined by philip joyce whose book is called congressional budget office: honest numbers, power, and policymaking". professor joyce. original one was cbo formed? >> guest: in 1974. and was in fact it reaction to some of the perceived accesses by the nixon administration. part of an effort by the congress to reassert its role in the budget process and as a part of that they created a budget committee and budget resolution that if they were going to be equal players in the budget process they really needed to have their own budget agency as opposed to relying on numbers that came from the executive branch and that is the reason. >> host: has it been successful? >> guest: it has been phenomenally successful and its success is mostly measured by the fact that if you talk to most people in the media and most people if they are being honest with yo