Comparing the Pay of Federal and Nonprofit Executives: An Update

A CBO PaperCBOComparePayFedandNonProfitExecutives2003_1.pdf: 508 downloads, before Oct. 1, 2020

Valuation of Government Policies and Projects

Governments play a central role in the allocation of capital and risk in the economy. Evaluating the cost to taxpayers of government investments requires an assumption about the government’s cost of capital. Governments often take their borrowing rate to be their cost of capital, which implicitly treats the market risk associated with their activities as having no cost to taxpayers. This article reviews the theoretical and practical rationale for treating market risk as a cost to governments, presents an interpretive review of the growing literature that applies the concepts and tools of modern finance to evaluating the costs of government policies and projects and suggests directions for future research. Examples considered include deposit insurance, Fannie Mae and Freddie Mac, the Federal Reserve’s emergency lending facilities, student loans, real infrastructure investments, and public pension plans

Social Security : A Primer

"September 2001"Cover title.Includes bibliographical references.Mode of access: Internet

Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market

Includes the Overview of Fannie Mae, Freddie Mac, and the Secondary Mortgage Market, Possible Rationales for a Federal Role in the Secondary Mortgage Market, Weaknesses of the Precrisis Model for Fannie Mae and Freddie Mac, Alternative Approaches for the Future of the Secondary Mortgage Market, History of the Secondary Mortgage Market, and The Federal Home Loan Banks

Preliminary estimate of the budgetary effects of H.R. 748, the CARES Act

The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) have completed a preliminary estimate of the budgetary effects of H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), which was enacted on March 27, 2020, as Public Law 116-136