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This study focuses on using commercial interest rates, which incorporate risk, instead of risk-free Treasury rates to measure the cost of federal credit programs.
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- Report
Testimony before the Committee on Banking, Housing, and Urban Affairs, United States Senate
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Testimony before the Committee on Small Business and Entrepreneurship, United States Senate
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CBO estimates that the total federal subsidy to the three housing government-sponsored enterprises rose to $23 billion in 2003, an increase of nearly 70 percent over the $13.6 billion in 2000 that CBO reported in its May 2001 study.
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- Report
Testimony before the Subcommittee on Legislation and National Security, Committee on Government Operations, U.S. House of Representatives
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- Report
Testimony before the Committee on Governmental Affairs, United States Senate