The federal government ran a budget deficit of $668 billion in fiscal year 2017, CBO estimates—$82 billion greater than the previous year’s shortfall. The Treasury Department will report the actual deficit for the year later this month.

    

As ordered reported by the House Committee on Natural Resources on June 27, 2017

    

As ordered reported by the House Committee on Oversight and Government Reform on September 13, 2017

    

As ordered reported by the House Committee on Homeland Security on September 7, 2017

    

As reported by the House Committee on Homeland Security on September 13, 2017

    

As reported by the Senate Committee on the Judiciary on September 28, 2017

    

Presentation by Sebastien Gay, Assistant Director of CBO’s Financial Analysis Division, at the 2017 Real Estate Research Symposium at the Kenan-Flagler Business School, University of North Carolina at Chapel Hill.

    

This letter expands on CBO’s report, The National Flood Insurance Program: Financial Soundness and Affordability, by providing additional information about flood insurance premiums as a share of family income.