Credit Reform Greater Effort Needed to Overcome Persistent Cost Estimation Problems

The Federal Credit Reform Act of 1990 was enacted to require that the budget reflect a more accurate measurement of the government's subsidy costs for federal direct loans & loan guarantees & to permit better cost comparisons both among credit programs & between credit & non-credit programs. This report determines: whether agencies completed estimates & re-estimates of subsidy costs; whether one could readily discern any trends including improvements in subsidy estimates; & whether one could readily identify the causes for changes in subsidy estimates. Charts & tables.Bonham, Christine E. is the author of 'Credit Reform Greater Effort Needed to Overcome Persistent Cost Estimation Problems' with ISBN 9780788185847 and ISBN 0788185845.