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Re: Barron4664 post# 745777

Tuesday, 01/24/2023 12:45:24 PM

Tuesday, January 24, 2023 12:45:24 PM

Post# of 804338
The CBO considers Fannie and Freddie as unfunded liabilities NOW.

The companies have been Nationalized.

December 7, 2022
Quote “In September 2008, the federal government took Fannie Mae and Freddie Mac into conservatorship. As a result, the Congressional Budget Office concluded, the institutions effectively became governmental entities whose operations should be reflected in the federal budget.” Paragraph 2

https://www.cbo.gov/budget-options/58642

The Congressional Budget Office (CBO) considers the conservatorship as Unfunded Liabilities, this is liabilities not added to the national debt but debt the U.S. States Government has said we will pay. The National Debt today stands at $31 trillion. The US Unfunded Liabilities are $181 trillion. So, in one sense the U.S. States Government has already Nationalized Fannie Mae and Freddie Mac. See link below...

Note: upper left hand corner US National Debt and bottom right US Unfunded Liabilities.

https://usdebtclock.org/