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- Cost Estimate
Cost estimate for the bill as passed by the House of Representatives on December 10, 2008
- Blog Post
Today, CBO released a cost estimate for H.R. 7321, the Auto Industry Financing and Restructuring Act, as passed by the House of Representatives last night. We estimate that enacting H.R. 7321 would increase net direct spending by $1.7 billion over the 2009-2018 period, mostly for loans to domestic automobile manufacturers. An additional $7.0 billion in potential costs would be subject to future appropriation action.
- Cost Estimate
Cost estimate for the bill as introduced on November 20, 2008 including impact of proposed amendments
- Cost Estimate
This letter responds to a request for information about how alternative proposals to provide $34 billion in bridge loans to the automobile industry would affect the federal budget.
- Cost Estimate
Cost estimate for the bill as introduced on November 20, 2008; and draft legislation released by the House Committee on Financial Services on November 17, 2008
- Blog Post
Today (December 5), CBO released a letterat the request of House Majority Leader Hoyer analyzing the budgetary effects of two legislative proposals: S. 3715, the Auto Industry Emergency Bridge Loan Act, as introduced on November 20, 2008; and draft legislation released by the House Committee on Financial Services (and posted on that committees Web site) on November 17, 2008.
- Blog Post
Yesterday, CBO released its Monthly Budget Review. CBO estimates that the Treasury will report a federal budget deficit of $408 billion for the first two months of fiscal year 2009, $253 billion higher than the deficit recorded through November of last year. This estimate includes $191 billion disbursed for the Troubled Assets Relief Program (TARP) during the first two months of the fiscal year.
- Report
Based on the Monthly Treasury Statement for October and the Daily Treasury Statements for November
- Cost Estimate
Cost estimate for the bill as introduced on November 20, 2008.
- Working Paper
This paper examines the elasticity of taxable income with a focus on income controls designed to control for divergence in the income distribution and mean reversion.