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Text File  |  1993-02-17  |  1KB  |  31 lines
  1. DOM-20     SCALE BACK THE HOUSING LOAN PROGRAM FOR RURAL HOMEOWNERS
  2.  
  3.                                    Annual Savings               Cumulative
  4.                                 (Millions of dollars)            Five-Year
  5. Savings from         ---------------------------------------      Savings
  6. CBO Baseline         1994     1995    1996     1997     1998
  7. ---------------------------------------------------------------------------
  8.  
  9.                              Eliminate New Lending
  10.  
  11. Budget Authority       320     320       330      340      350       1,650
  12.  
  13. Outlays                260     320       330      330      340       1,600
  14.  
  15.                        Reduce New Lending by 50 Percent
  16.  
  17. Budget Authority       160     160       170      170      170         830
  18.  
  19. Outlays                130     160       160      170      170         790
  20.  
  21.              Increase Borrowers' Payments to 30 Percent of Income
  22.  
  23. Budget Authority       270     270       280      280      290       1,400
  24.  
  25. Outlays              1,750     270       280      280      280       2,850
  26.  --------------------------------------------------------------------------
  27.  
  28. NOTE:  Excludes savings in administrative costs.
  29.  
  30. ---------------------------------------------------------------------------
  31.