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To: Allan C. who wrote (12474)7/20/2009 12:57:31 PM
From: TFF  Respond to of 12617
 
U.S. Bailout Costs May Reach $23.7 Trillion

By Dawn Kopecki

July 20 (Bloomberg) -- U.S. taxpayers may be on the hook for as much as $23.7 trillion to bail out financial companies, according to Neil Barofsky, special inspector general for the Treasury’s Troubled Asset Relief Program.

Barofsky made the estimate in testimony prepared for a congressional hearing tomorrow.