Debt

Bailout Tracker: See Where More Than $600 Billion Went

The Treasury is authorized to spend $475 billion of the TARP (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.). It has created 13 different programs, to which it has promised $578 billion. The government committed bailout money to 980 recipients. Those recipients have received a total of $442 billion. ...

Read More »