Treasury Cuts Bailout Price Tag to $50 Billion
The Commercial Appeal (2007-Current) › October 06, 2010
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Summary
WASHINGTON - The $700 billion financial bailout will cost about $50 billion, the Treasury Department said Tuesday.
The price tag was included in a report on the two-year program and is lower than earlier projections - including a $66 billion estimate this summer by the Congressional Budget Office.See the full content of this document
Extract
Treasury Cuts Bailout Price Tag to $50 Billion
Treasury notes in the report that the bailout, known as the Troubled Asse...
See the full content of this document
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