Tags: bailout | fund

Geithner: $109.6 Billion Left in Bailout Fund

Tuesday, 21 April 2009 09:11 AM EDT

The Treasury Department says there are $109.6 billion in resources left in the government's $700 billion financial rescue fund.

But officials expect the fund will be boosted over the next year by about $25 billion as some institutions pay back money they have received. That would boost the fund to $134.6 billion.

The accounting details were made by Treasury Secretary Timothy Geithner in a letter to Elizabeth Warren, the head of the Congressional Oversight Panel.

© 2025 Newsmax. All rights reserved.


FinanceNews
The Treasury Department says there are $109.6 billion in resources left in the government's $700 billion financial rescue fund. But officials expect the fund will be boosted over the next year by about $25 billion as some institutions pay back money they have received. That...
bailout,fund
75
2009-11-21
Tuesday, 21 April 2009 09:11 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Newsmax2 Live
 
On Now:11:00p ET • Ed Henry The Briefing
Coming Up:12:00a ET • The Leventhal Report
Get Newsmax Text Alerts

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© 2025 Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved