New Report Shows Higher Returns, Lower Spending Under TARP Than Previously Projected Deficit Impact of Program Cut Dramatically
December 10, 2009
December 10, 2009
WASHINGTON, Dec. 10 -- The U.S. Department of the Treasury issued the following news release:
The US Department of the Treasury today released a report that summarizes the fiscal year (FY) 2009 activities of the Troubled Asset Relief Program (TARP) and provides estimates from the Office of Financial Stability (OFS) detailing the lowered projected costs and higher projected returns of the TARP. The report demonstrates that Treasury's investments to stabilize the system are deliveri . . .
The US Department of the Treasury today released a report that summarizes the fiscal year (FY) 2009 activities of the Troubled Asset Relief Program (TARP) and provides estimates from the Office of Financial Stability (OFS) detailing the lowered projected costs and higher projected returns of the TARP. The report demonstrates that Treasury's investments to stabilize the system are deliveri . . .