The plan to secure government-sponsored enterprises that deal with housing could cost $25 billion over fiscal years 2009 and 2010, the Congressional Budget Office said yesterday.

The “estimate accounts for both the possibility that federal funds would not have to be expended under the new authority and the possibility that the government would have to use that authority to provide assistance to the GSEs,” CBO director Peter R. Orszag wrote in a letter to House Budget Committee chairman John M. Spratt Jr.

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