CBO Confirms: Receivership Is the Best Way to End the Fannie-Freddie Bailout
The Congressional Budget Office (CBO) has released a new report laying out how it will evaluate budgetary proposals to end the government’s control of Fannie Mae and Freddie Mac. Although the report is officially nonpartisan and descriptive, its implications are clear: the best deal for taxpayers—the cleanest and most fiscally responsible path forward—is to put the government-sponsored enterprises (GSEs) into receivership .
The CBO begins with a critical point: even in their profitable state, Fannie and Freddie impose a budgetary cost on the federal government. That…
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