Expenditure Tracking:
The U.S. government announced that all bailout expenditures would be tracked online for the public to examine at the web site: FinancialStability.gov. Unfortunately, the site is mostly fluff, with videos of speeches and ideology with little actual information as to the current allocation of funds. The site fails to break down expenditures into a simple table that truly indicates what is happening. That is where we come in...This page is updated regularly to reflect actual expenditures. Therefore these numbers are less than the total amount of allocated bailout funds, because much of the allocated funds have yet to be used.
The following is a simplified list of total current bailout expenditures, and is believed accurate as of the date listed based on
information of public record and bailout.propublica.org. All numbers
are in billions of US Dollars.
Figures vary depending on the source due to the fact that some sources only include Treasury (direct taxpayer) funds and some sources include funds from other federal sources such as the Federal Reserve.
We have attempted to include expenditures from all Federal sources wherever the data is available.
Current List of Bailout Expenditures:
Last updated: November 10, 2009TARP Fund Expenditures:
- Capital Purchase Program (banks): $133.8
- Systemically Significant Failing Institutions (AIG): $108.5
- Term Asset-Backed Securities Loan Facility: Data Unavailable
- Making Home Affordable: Data Unavailable
- Targeted Investment Program (additional funds for Citigroup and Bank of America): $20 (BofA repaid)
- Automotive Industry Financing Program (Chrysler/GM): $73.35
- Homeowner Affordability and Stability (mortgage lenders): 27.3
- Auto Supplier Support Program (auto parts suppliers): $3.5
- Public-Private Investment Program (toxic asset purchases): $12
Non-TARP Expenditures:
- Freddie Mac: $50.7
- Fannie Mae: $59.9
Total: $489.05 BILLION
For More Information:
A more complete but difficult to read transaction history is available at:http://financialstability.gov/impact/transactions.htm
Also, refer to the list of treasury (taxpayer) expenditures at: The ProPublica Bailout Site