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October 6, 2008 3:46:16 PM CDT

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Stories related to: Congressional Budget Office

Stories

5 Stories

  • July 2008

    • Tab for Fannie, Freddie Bailout Pegged at $25B

      MarketWatch  |  Jul 22, 08 12:39 PM CDT

      Tab for Fannie, Freddie Bailout Pegged at $25B

      (Newser) - A federal bailout of Fannie Mae and Freddie Mac will cost $25 billion, the Congressional Budget Office said today, but there’s a better than 50% chance no rescue will be needed. The plan sought by Treasury Secretary Henry Paulson would extend an unlimited line of credit to the government-sponsored enterprises for the next 18 months, MarketWatch reports. More »

      Tags

      Henry Paulson  • Fannie Mae  • Freddie Mac  • Treasury Department  • Department of the Treasury  • Congressional Budget Office  • rescue package

  • March 2008
  • January 2008

    • Given Rent Prices, Homes Still Too High

      Wall Street Journal  |  Jan 3, 08 10:21 AM CST

      Given Rent Prices, Homes Still Too High

      (Newser) - If rent prices are any indication, home prices aren’t done falling, according to one former and two current Federal Reserve economists. Annual rents have historically held steady at about 5% of home prices, but since 1996 home prices have left rents in the dust, the Wall Street Journal explains. Housing would need to fall 15% over five years to restore order. More »

      Tags

      Federal Reserve  • housing market  • housing crisis  • home prices  • homeowners  • rent  • Congressional Budget Office

  • October 2007

    • What Price War? Try $2.4T

      USA Today  |  Oct 24, 07 4:16 PM CDT

      What Price War? Try $2.4T

      (Newser) - Americans will have to pony up $8,000 apiece to fund the Iraq and Afghanistan wars through the next decade—a total that could top $2.4 trillion—according to a projection by the Congressional Budget Office released today. The figure dwarfs previous CBO estimates because it factors in $705 billion in interest on the loaned funds, USA Today reports. More »

      Tags

      George W. Bush  • Iraq war  • Afghanistan  • War on Terror  • Congressional Budget Office

  • June 2007

    • Immigration Bill Survives Senate Onslaught

      Washington Post  |  Jun 7, 07 4:57 AM CDT

      Immigration Bill Survives Senate Onslaught

      (Newser) - The immigration bill before the Senate dodged bullets from the right and the left yesterday; when the smoke cleared the coalition backing it appeared to be intact—if barely, the Washington Post reports. An amendment to block legalization for many illegals was defeated; one to extend visas to many more relatives of immigrants was passed.   More »

      Tags

      Senate  • immigration  • reform  • guest worker  • Congressional Budget Office

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