Bailouts could cost U.S. $23 trillion

Vel

Platinum Member
Oct 30, 2008
7,006
4,017
1,030
Tennessee
Amazing. This is almost qual to two years of the United States GDP. And this doesn't count healthcare.




Bailouts could cost U.S. $23 trillion
A series of bailouts, bank rescues and other economic lifelines could end up costing the federal government
as much as $23 trillion, the U.S. government’s watchdog over the effort says – a staggering amount that is nearly double the nation’s entire economic output for a year.
If the feds end up spending that amount, it could be more than the federal government has spent on any single effort in American history.


Bailouts could cost U.S. $23 trillion - Eamon Javers - POLITICO.com
 

Forum List

Back
Top