Monday, November 17, 2008

Bailout tally: $3.8 trillion and counting.


Thinkprogress:
CNBC is keeping tabs on the amount that the federal government has been forced to spend to bail out corporate America. The total? “Three-point eight trillion dollars. That’s $3,800,000.000.000. More than what was spent on WW II, if adjusted for inflation, based on our computations from a variety of estimates and sources.” Check out CNBC’s line-by-line breakdown of where the taxpayer funds are going.

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