Financial commitments of the federal government and their prominence within  a broader category of contingent liabilities 

 Three measures of the size of financial commitments that CBO developed in its  March 2023 report Financial Commitments of Federal Credit and Insurance  Programs, 2012–2021 Examples of federal commitments: – The Pension Benefit Guaranty Corporation’s coverage of private pensions – The Federal Deposit Insurance Corporation’s orderly liquidation authority,  which could be used in the event of a failure of a large, systemically  important financial institution – Supplemental appropriations for natural disasters 

 How unexpected losses on financial commitments affect three different  measures of federal debt