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Stories tagged: financial bailout

  • Administration reduces bailout cost estimate

    Treasury Secretary Timothy Geithner is telling Congress that the administration believes the final cost of the government’s heavily criticized financial bailout effort could be as low as $87 billion.

  • March budget deficit declines to $65.4B

    The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government’s $700 billion financial bailout program.