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CBO's Estimate of Cost of the Administration's Proposal to Authorize Federal Financial Assistance for the Government-Sponsored Enterprises for Housing
URL: https://www.cbo.gov/doc.cfm?index=9574

Description:
July 2008 report from the Congressional Budget Office (CBO) "that analyzes the Administration's July 14th proposal to provide temporary authority to the Secretary of the Treasury to purchase obligations and other securities issued by Fannie Mae, Freddie Mac, and the Federal Home Loan Banks." The CBO estimates the expected federal budgetary cost to be $25 billion over fiscal years 2009 and 2010. Also includes a CBO blog entry on the topic.

Publisher:
Congressional Budget Office (CBO)

LII Database Information:
Record 26855 created by Maria Brandt on 09/08/2008
Last modification on 09/10/2008
Published: 09/11/2008  
Funding agency: California State Library
LII Item ID: http://lii.org/cs/lii/view/item/26855