Friday, January 4, 2019

Fascinating - Wall On The House

About $50-100 billion worth currently held by USDA are very marketable and attractive commercial paper investments. The rights to collect the remainder of the debt on these loans could be sold to private parties who would pay a premium for such a steady stream of cash payments. The sales would give a profit cushion to the government and alleviate taxpayers from any future risk of nonpayment while retaining certain borrower guarantees.

https://www.usatoday.com/story/opinion/2018/12/24/donald-trump-shutdown-congress-approval-build-border-wall-spending-column/2402442002/

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