The price tag of the bailout: 700 Billion. Or is it? It is estimated that the total cost of TARP (Troubled Asset Relief Program) could reach 2.9 billion dollars. To put this in perspective, the Federal Budget for 2008 was 2.9 trillion dollars. Based on percentages from other programs, several hundred billion dollars may be lost to fraud and more 'AIG' circumstances. Hopefully 'nobody will mess with Joe' as Obama intended and it will be much less than that.
Sources:
http://www.rttnews.com/ArticleView.aspx?Id=899327&pageNum=2571_2813_1
http://en.wikipedia.org/wiki/United_States_federal_budget,_2008
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