Federal Credit Programs
Financial Commitments of Federal Credit and Insurance Programs, 2012 to 2021
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.
Costs of the Proposed Income-Driven Repayment Plan for Student Loans
Implementing the Administration’s proposed rule for a new income-driven repayment plan would increase the government’s costs for federal student loans originated through 2033 by $230 billion, on a net-present-value basis, CBO estimates.
How the Housing Trust Fund and Capital Magnet Fund Support Affordable Housing
CBO describes the Housing Trust Fund's and Capital Magnet Fund's income, spending, and budgetary impact, how their grants are used in the production of low-income housing, and how the funds compare with other support for affordable housing.
Costs of Suspending Student Loan Payments and Canceling Debt
CBO estimates that the cost of outstanding student loans to the federal government will increase by about $400 billion because of an executive action canceling some debt.
How the Federal Reserve’s Quantitative Easing Affects the Federal Budget
In this report, CBO examines the mechanisms by which quantitative easing — large asset purchasing programs conducted by the Federal Reserve— affects the federal budget deficit.
Estimates of the Cost of Federal Credit Programs in 2023
CBO estimates the costs of federal credit programs in 2023 in two ways—following procedures prescribed by the Federal Credit Reform Act (FCRA) and using a fair-value approach, which measures the market value of the government’s obligations.
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.
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.
- Cost Estimate
H.R. 4616, Adjustable Interest Rate (LIBOR) Act of 2021
As passed by the House of Representatives on December 8, 2021
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.