The Conservative Cave

Current Events => Economics => Topic started by: NateRiver on April 09, 2009, 01:05:42 AM

Title: CBO Says BHO’s TARP Is $$ More Than Estimated
Post by: NateRiver on April 09, 2009, 01:05:42 AM

$$$ (http://www.fiscalaccountability.org/index.php?content=bw-ibdtarp)
The Congressional Budget Office quietly announced that the Troubled Asset Relief Program will be much more expensive than originally figured. Instead of costing $189 billion, the cost is now up to $356 billion.

Title: Re: CBO Says BHO’s TARP Is $$ More Than Estimated
Post by: docstew on April 09, 2009, 05:46:26 AM

ya know, if a mechanic (or anyone else) ran their business like the feds do, they'd be in jail... I dare a mechanic or contractor to give an estimate, get approval, start work, and then present a bill for almost double the estimate and see what happens.

Title: Re: CBO Says BHO’s TARP Is $$ More Than Estimated
Post by: Flame on April 09, 2009, 07:54:43 AM

Quote from: NateRiver on April 09, 2009, 01:05:42 AM

$$$ (http://www.fiscalaccountability.org/index.php?content=bw-ibdtarp)
The Congressional Budget Office quietly announced that the Troubled Asset Relief Program will be much more expensive than originally figured. Instead of costing $189 billion, the cost is now up to $356 billion.

I'm shocked!  SHOCKED I tell you!




not.