Federal Credit in the United States

Federal Credit in the Federal Budget Process

Meaning of Federal Credit in the congressional and executive budget processes (GAO source): Defined by the Federal Credit Reform Act of 1990 (FCRA) as federal direct loans and federal loan guarantees.

Guide to U.S. Federal Credit Reform Act Accounts (Budget Process)

• Credit Reform Act Accounts
• Credit Program Account
• Financing Account
• Liquidating Account
• Negative Subsidy Receipt Account

Guide to U.S. Federal Credit Subsidy Cost (Budget Process)

• Credit Subsidy Cost
• Direct Loan Subsidy Cost
• Guaranteed Loan Subsidy Cost

Resources

See Also

• Federal Appropriations
• Entries about the United States Budget Process in the Encyclopedia (including Federal Credit)
• Public Debt

Further Reading

• Legislatures and the budget process: the myth of fiscal control

  (J Wehner, 2010)

• Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
• Fiscal institutions and fiscal performance

  (JM Poterba, J von Hagen, 2008)