CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence without regard to political affiliation. CBO does not make policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis.Read more about us
This report describes the size and nature of the federal government’s credit and insurance portfolios. For this analysis, CBO developed three measures of credit and insurance activity—the covered amount, the net covered amount, and the allowance for losses. Using publicly available information from federal agencies’ financial statements and other government reports, CBO applied those measures to six program categories: housing and real estate programs, student loan programs, other credit programs, deposit insurance and orderly liquidation authority, insurance for private pensions, and flood and crop insurance.