Fox Lake Towing and Recovery

Bailouts Earn $35 Billion for U.S. Taxpayers

by on Dec.10, 2010, under Towing

The federal governments bailout program has earned the taxpayer nearly $35 billion in the last two years, The Associated Press said.

Income from the Troubled Asset Relief Program (TARP) rose by almost 17% through November compared with the estimate in October, the AP said.

Part of the extra income came from the government’s ongoing sale of stock in Citigroup (C). The government sold off the last…

Continue reading Bailouts Earn $35 Billion for U.S. Taxpayers

Bailouts Earn $35 Billion for U.S. Taxpayers originally appeared on DailyFinance on Fri, 10 Dec 2010 06:42:00.

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