Finance
- Report
The Cost of Eight Executive Actions Taken by the Biden Administration
CBO responds to Congressman Jason Smith’s request to provide information about the cost of eight executive actions taken by the Biden Administration and how they are reflected in CBO’s baseline projections.
- Report
Report on the Troubled Asset Relief Program—May 2022
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 what it reported in July 2021 and slightly less than OMB’s latest estimate.
- Presentation
How CBO Estimates the Market Risk of Federal Credit Programs
Presentation by Michael Falkenheim and Wendy Kiska, analysts in CBO’s Financial Analysis Division, to the Federal Credit Policy Council.
- Working Paper
A Model for Pricing Federal Housing Finance Obligations: Working Paper 2022-06
This paper presents a risk-neutral approach that CBO uses to inform its estimates of the fair-value cost of mortgage obligations.
- Report
Ginnie Mae and the Securitization of Federally Guaranteed Mortgages
CBO describes the securitization programs of the Government National Mortgage Association (Ginnie Mae) and compares its baseline budget projections for Ginnie Mae with outcomes under a scenario of severe economic stress.
- Report
Budgetary Effects of Making Specified Policies in the Build Back Better Act Permanent
In a response to Congressman Palmer, CBO summarizes its recent analysis of the costs of making permanent some of the policies in the Build Back Better Act.
- Report
Budgetary Effects of Making Specified Policies in the Build Back Better Act Permanent
CBO and the Joint Committee on Taxation project the budgetary effects, including the effects on interest costs, of a modified version of H.R. 5376, the Build Back Better Act, that would make various policies permanent rather than temporary.
- Report
Response to a Question About CBO’s Analysis of Making Specified Policies in the Build Back Better Act Permanent
CBO responds to a question from Senator Schumer about its analysis of the costs of making permanent some of the provisions of the Build Back Better Act.
- Working Paper
How CBO Estimates the Market Risk of Federal Credit Programs: Working Paper 2021-14
This paper describes the methods and data that CBO uses to estimate the cost of market risk for three categories of federal credit programs: housing and real estate loans, student loans and other consumer loans, and commercial loans.
- Cost Estimate
Estimated Budgetary Effects of Title IV, Committee on Financial Services, H.R. 5376, the Build Back Better Act
As Posted on the Website of the House Committee on Rules on November 3, 2021 (Rules Committee Print 117-18), as Amended by Yarmuth Amendment 112