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- Blog Post
Over the past two years, the Federal Housing Administration (FHA) has guaranteed more than 17 percent of new and refinanced mortgages on single-family homes in the United States. The estimated lifetime costs of FHAs single-family mortgage insurance program are recorded in the federal budget using a methodology spelled out in the Federal Credit Reform Act of 1990 (FCRA). Using the FCRA methodology, CBO estimates that the program will produce budgetary savings of $4.4 billion in fiscal year 2012.
- Report
Testimony before the Committee on Finance, United States Senate
- Blog Post
This morning Joseph Kile, CBOs Assistant Director for Microeconomic Studies, testified before the Senate Finance Committee to discuss the federal role in paying for highways. The testimony draws on several recent CBO publications on highways and other infrastructure. Status of the Highway Trust Fund