True Cost of Fannie, Freddie Bailouts: $317 Billion, CBO Says

The Congressional Budget Office (CBO) says the real cost of the federal government guaranteeing the business of failed mortgage giants Fannie Mae and Freddie Mac is $317 billion — not the $130 billion normally claimed by the Obama administration. In … Continue reading True Cost of Fannie, Freddie Bailouts: $317 Billion, CBO Says