As ordered reported by the House Committee on Natural Resources on May 26, 2021

    

As ordered reported on September 9, 2021

    

As ordered reported by the Senate Committee on Commerce, Science, and Transportation on June 16, 2021

    

This letter responds to a request for information about CBO's cost estimates for the reconciliation legislation now being considered by the House of Representatives.

    

In this report, the latest in a quarterly series, CBO highlights its recent work and summarizes its work in progress.

    

CBO estimates the costs of federal credit programs in two ways—following procedures prescribed by the Federal Credit Reform Act (FCRA) and using a fair-value approach, which measures the market value of the government’s obligations.

    

As ordered reported by the House Committee on Education and Labor on July 15, 2021