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- Report
In September 2023, the last remaining investment made by the Treasury through the Troubled Asset Relief Program was repaid, thereby ending the program. CBO estimates that the government’s total subsidy cost was $31 billion.
- Report
CBO describes the role of Federal Home Loan Banks (a government-sponsored enterprise) in financial markets, their financial condition, the value of the federal subsidies they receive, and the risks they pose.
- Report
In CBO’s projections, federal budget deficits total $20 trillion over the 2025–2034 period and federal debt held by the public reaches 116 percent of GDP. Economic growth slows to 1.5 percent in 2024 and then continues at a moderate pace.
- Cost Estimate
As ordered reported by the House Committee on Financial Services on May 24, 2023
- Report
Lawmakers created the Troubled Asset Relief Program (TARP) in 2008 to stabilize financial markets. The TARP’s net cost will be $31 billion, CBO estimates—about the same as what the agency last reported in May 2022 and similar to OMB’s latest estimate.
- Working Paper
The U.S. dollar’s status as an international currency has contributed to persistent U.S. trade deficits and, by lowering interest rates, to increased access to credit for U.S. households, businesses, and the federal government.
- Cost Estimate
As ordered reported by the House Committee on Ways and Means on March 9, 2023
- Report
CBO describes the commitments the federal government has made through its credit and insurance programs, including housing, real estate, and student loan programs, deposit insurance, insurance for private pensions, and flood and crop insurance.
- Cost Estimate
As posted on the Website of the House Committee on Rules on February 23, 2023
- Presentation
This slide deck provides additional information about CBO’s most recent projections of remittances from the Federal Reserve, which have decreased largely because of higher projected short-term interest rates in 2023 and 2024.