Name and Amount of Bailout Program

Tarp? Stimulus Package? Thought there was just one? Two? Three? Think again!

Name and Amount  of  Money Allocated Per Bailout Program  versus Amount Spent as of  November 2009

TROUBLED ASSET RELIEF PROGRAM

                                                                                                                

TARP total   $700 billion $366.4 billion $356.2 billion

 

 

FEDERAL RESERVE RESCUE EFFORTS

Fed total    $6.4 trillion $6.4 trillion $1.5 trillion

 

 

 

FEDERAL STIMULUS PROGRAMS

Economic
Stimulus Act of 2008

Unemployment
benefit extension

Student
loan guarantees

American
Recovery and Reinvestment Act

Advanced
Technology Vehicles Manufacturing program

Car
Allowance Rebate System (“Cash for Clunkers”)

Stimulus total $1.2 trillion $577.8 billion

 

 

AMERICAN INTERNATIONAL GROUP

Multifaceted bailout to help insurer through restructuring,
minimize the need to post collateral and get rid of toxic assets

 

AIG total $182 billion $127.4 billion

 

FDIC BANK TAKEOVERS

Cost to FDIC fund that insures losses depositors suffer when a
bank fails.

FDIC total $45.4 billion

 

 

OTHER FINANCIAL INITIATIVES

Other programs designed to rescue the financial sector

 

Money
market guarantee program

Credit
union deposit insurance guarantees

NCUA
bailout of U.S. Central and WesCorp credit unions

U.S.
Central Federal Credit Union investment

Temporary
Liquidity Guarantee Program

Other financial total $1.7 trillion $366.4 billion

 

OTHER HOUSING INITIATIVES

Other programs designed to rescue the housing market and prevent
foreclosures

Fannie
Mae and Freddie Mac bailout

FHA
housing rescue

Making
Home Affordable investment

Other housing total $745 billion $130.6 billion  

 

Total of money allocated by the government: $11 trillion $3 trillion

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