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U.S. Bailout Could Prove Less Effective, More Expensive Than Expected

by | Oct 26, 2010 | Towing

The U.S. government’s bailout has been less than effective in helping U.S. homeowners avoid foreclosure and could end up costing more than expected, according to a report from the Troubled Asset Relief Program’s special inspect…

Treasury: Bailout Will Cost Taxpayers 85% Less Than Expected

by | Oct 5, 2010 | Towing

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 ex…

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