Friday, May 21, 2010

Bank Bailout Cost Decreases Again

I reported on the rapidly diminishing estimates of TARP costs last month. Today, AP reported ("Lower bailout estimate assumes higher stock prices") that the total cost to taxpayers has decreased again, to $105.4 billion, according to the The Treasury Department. The White House and Treasury maintain different estimates.

Other estimates:
Congressional Budget Office, March 2010, $109 billion

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