16th
January
2009
Economy rescue – Adding up the dollars
posted in General Finance |
            
   
Obama’s Impact on Small Business Financial Lessons from Poker Ron Paul speaks on the state of US Economy – Part 2 Ron Paul speaks on the state of US Economy – Part 3
The US government is engaged in an unprecedented – and expensive – effort to rescue the economy.
Here are all the elements of the bailouts as of 2 Jan 2009:
[click on image to see the enlarged chart]
1Daily average
2Fed increased amount from $620 billion to an unlimited cap, spending unknown
3Includes $40 billion under TARP
4Part of Commercial Paper Funding Facility, not included in bailout total
Sources: Federal Reserve, Treasury, FDIC
Note: Figures as of Jan. 2, 2009
2Fed increased amount from $620 billion to an unlimited cap, spending unknown
3Includes $40 billion under TARP
4Part of Commercial Paper Funding Facility, not included in bailout total
Sources: Federal Reserve, Treasury, FDIC
Note: Figures as of Jan. 2, 2009
   
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