Fair-Value Estimates of the Cost of Federal Credit Programs in 2020
Congressional Budget Office
No 55278, Reports from Congressional Budget Office
The federal government supports some private activities by providing credit assistance to individuals and businesses. CBO shows two kinds of estimates of the lifetime costs of those credit programs: estimates created by following procedures prescribed by the Federal Credit Reform Act of 1990 (FCRA); and estimates that account for the market value of the governmentâ€™s obligations, which are called fair-value estimates.
JEL-codes: G00 H50 H81 H83 (search for similar items in EconPapers)
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