Fair-Value Estimates of the Cost of Selected Federal Credit Programs for 2015 to 2024.

摘要

The Congressional Budget Office (CBO) has estimated the budgetary costs of the Department of Educations student loan programs, the Export-Import Banks (Ex-Im Banks) credit programs, and the Federal Housing Administrations (FHAs) single-family mortgage guarantee program using two different approaches. In one, cost is based on an estimate of the market value of the federal governments obligations, termed a fair-value approach. Those estimates are compared with ones reflecting the procedures currently used in the federal budget as prescribed by the Federal Credit Reform Act of 1990 (FCRA).