Tax Policy Center

loans

Federal Budget and Economy: TaxVox

Spin Alert: DOE Loans Are Losing Money, Not Making Profits

The Department of Energy snookered the media last week with a report that seems to show that its clean energy lending programs are profitable. “ Remember Solyndra? Those loans are making money ,” went a typical headline. Unfortunately, that’s not true. Taxpayers are losing money on DOE lending.
November 17, 2014Donald Marron
Federal Budget and Economy: TaxVox

The $300 billion question: How should we budget for federal lending?

Lending programs create special challenges for federal budgeting. So special, in fact, that the Congressional Budget Office estimates their budget effects two different ways. According to official budget rules, taxpayers will earn more than $200 billion over the next decade from new student loans,
September 29, 2014Donald Marron