TARP Overpayment (Treasury)
The TARP Overpayment
Prins: “This June, the Congressional Budget Office estimated that the federal government would lose $159 billion from its TARP loans and investments due to changes in their market value. (So far, Treasury has earned $14.4 billion in dividends from TARP.)” [1]
These losses should be incorporated into the individual programs (including the CPP).
| FED MORTGAGE-BACKED SECURITIES PURCHASES |
|---|
| Balance Sheet |
| Disbursed*: |
| Current outstanding: |
| Public Funds |
| Maximum at-risk: $159 |
| Current at-risk: |
* See the methodology and glossary for definitions of "disbursed," etc.
Contents
Funding agency and aid type
The funding agency is the U.S. Treasury.
Losses due to change in market value.
Who benefits
Banks.
Background
Prins: “This June, the Congressional Budget Office estimated that the federal government would lose $159 billion from its TARP loans and investments due to changes in their market value. (So far, Treasury has earned $14.4 billion in dividends from TARP.)” [2]
These losses should be incorporated into the individual programs (including the CPP).
Notes
Articles and resources
Related SourceWatch articles
References
External resources
External articles
| This article is a stub. You can help by expanding it. |
