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. governments watchdog over the effort says a staggering amount that is nearly double the nations 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
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. governments watchdog over the effort says a staggering amount that is nearly double the nations 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
