16th January 2009

Economy rescue – Adding up the dollars

posted in General Finance |
            

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]

Bailout money spent

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

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