Presentation by Sheila Campbell, an analyst in CBO’s Microeconomic Studies Division, and David Torregrosa, an analyst in CBO’s Financial Analysis Division, on climate change, disaster risk, and homeowner’s insurance.
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.
CBO analyzes how Fannie Mae and Freddie Mac achieve their housing goals by offering discounts on their standard fees for mortgages that meet the goals’ requirements and charging higher fees for mortgages that do not meet the requirements.
The House Budget Committee convened a hearing at which Phillip L. Swagel, CBO’s Director, testified about how CBO supports the Congress. This document provides CBO’s answers to questions that were submitted for the record after that hearing.
In fiscal year 2024, which ended on September 30, the federal budget deficit totaled $1.8 trillion—an increase of $138 billion (or 8 percent) from the shortfall recorded in the previous year.
In response to a request from Senator Grassley, CBO provides information about how enacting H.R. 82, the Social Security Fairness Act of 2023, would affect Social Security’s finances over the next 75 years.
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