Conley
03-24-2012, 06:58 PM
The Bailout Scorecard
Last update: Mar. 19, 2012
Our frequently updated database tracks every dollar and every bailout recipient. Below is a summary generated from the latest numbers. (Here's a rundown (http://projects.propublica.org/bailout/main/about) of the bailout info our site offers.)
The Treasury Department is authorized to spend a maximum of$475 billion on the TARP (http://projects.propublica.org/bailout/initiatives/2-emergency-economic-stabilization-act) (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.)
Altogether, accounting for both bailouts, $601 billion has gone out the door—invested, loaned, or paid out—while $292 billionhas been returned.
The Treasury has been earning a return on most of the money invested or loaned. So far, it has earned $77 billion. When those revenues are taken into account, $233 billion is the net still outstanding as of Mar. 19, 2012.
http://projects.propublica.org/bailout/main/summary
Last update: Mar. 19, 2012
Our frequently updated database tracks every dollar and every bailout recipient. Below is a summary generated from the latest numbers. (Here's a rundown (http://projects.propublica.org/bailout/main/about) of the bailout info our site offers.)
The Treasury Department is authorized to spend a maximum of$475 billion on the TARP (http://projects.propublica.org/bailout/initiatives/2-emergency-economic-stabilization-act) (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.)
Altogether, accounting for both bailouts, $601 billion has gone out the door—invested, loaned, or paid out—while $292 billionhas been returned.
The Treasury has been earning a return on most of the money invested or loaned. So far, it has earned $77 billion. When those revenues are taken into account, $233 billion is the net still outstanding as of Mar. 19, 2012.
http://projects.propublica.org/bailout/main/summary