This report describes the structure of the federal crop insurance program, the government’s role and costs, the benefits provided to various groups, and policy options that would decrease federal spending on the program.
December 2017
CBO reviews Fannie Mae and Freddie Mac’s program to transfer some of the credit risk of their guarantees to investors and analyzes two approaches for expanding those efforts.
The federal budget deficit was $198 billion for the first two months of fiscal year 2018, CBO estimates, $15 billion more than the one recorded during the same period last year. Revenues and outlays alike were 6 percent higher than in October and November 2016.
This report assesses the accuracy of projections that CBO and JCT made in 2010 and 2013 of federal spending for people made newly eligible for Medicaid by the ACA and of subsidies for health insurance purchased through the ACA marketplaces.
CBO estimates that inflation-adjusted costs for the Department of Defense would climb from the $575 billion requested in 2018 to $688 billion in 2027 if DoD pursued goals that Administration officials have articulated for the military.