Sunday, March 20, 2011

Behind Administration Spin: Bailout Still $123 Billion in the Red - ProPublica

 

ProPublica, we've provided a comprehensive bailout database [4] since TARP's launch. It shows not only how much money has gone to each recipient [4], but how much each has paid in interest and dividend payments. With all this data, we're able to clearly show how deep in the hole the program remains [5]. And the answer as of today is $123 billion.

Add that to the bailout of Fannie Mae and Freddie Mac -- which our site also tracks and is separate from the TARP -- and taxpayers are $257 billion in the hole [5].

Click on the following for more details:  Behind Administration Spin: Bailout Still $123 Billion in the Red - ProPublica

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