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Seattle

Eno Transportation Weekly

Category: Credit Programs

CBO Says Fair Value Accounting Would Greatly Increase Cost of TIFIA, WIFIA Loans

June 7, 2019 – A new report issued May 30 by the nonpartisan Congressional Budget Office says that if the federal government were to start using “fair value accounting” to estimate the “market risk” of federal loan programs, the cost to the government of making a TIFIA surface transportation loan would increase nearly fivefold – and the cost of making a loan under the new WIFIA water infrastructure loan program would increase twentyfive-fold.

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