The federal bailout program will end up costing taxpayers at least 85% less than expected, according to the Treasury Department, which estimates a bill of $30 billion to $50 billion. The Congressional Budget Office initially expected the program to cost $350 billion.
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Treasury: Bailout Will Cost Taxpayers 85% Less Than Expected originally appeared on DailyFinance on Tue, 05 Oct 2010 20:30:00.
Filed Under: Economy, American International Group