Economy Rescue: Adding Up the Dollars

The government is engaged in an unprecedented - and expensive - effort to rescue the economy. Here are all the elements of the bailouts.

Date	Bailout	Allocated	Spent
December 2007	Term Auction Facility	$1.6 trillion	$1.6 trillion
February 2008	Economic Stimulus Act of 2008	$168 billion	$168 billion
March 2008	Bear Stearns bailout	$29 billion	$29 billion
March 2008	Discount window	n/a	$148 billion1
May 2008	Student loan guarantees	$9 billion	unknown
July 2008	IndyMac failure costs	$8.9 billion	$8.9 billion
September 2008	Fannie Mae and Freddie Mac bailout	$200 billion	$13.8 billion
September 2008	Foreign exchange dollar swaps	Unlimited2	n/a2
October 2008	FHA housing rescue	$320 billion	unknown
October 2008	Auto industry energy efficiency loans	$25 billion	$0 billion
October 2008	Troubled Asset Relief Program	$700 billion	$201 billion
November 2008	AIG capital investment	$40 billion	$40 billion
October 2008	Bank capital investments	$250 billion	$161 billion
November 2008	Citigroup capital investment	$20 billion	$0 billion
November 2008	TALF loss provisions	$20 billion	$0 billion
October 2008	Money market guarantees	$719 billion	unknown
October 2008	Commercial Paper Funding Facility	$1.4 trillion	$303.9 billion
November 2008	Unemployment benefit extensions	$8 billion	$8 billion
November 2008	AIG	$152.5 billion3	$117.2 billion3
November 2008	Citigroup loan-loss backstop	$300 billion	$0 billion
November 2008	Term Asset-Backed Securities Loan Facility	$200 billion	$0 billion
November 2008	GSE mortgage-backed securities purchases	$500 billion	$0 billion
November 2008	GSE debt purchases	$100 billion	$0 billion
November 2008	FDIC Temporary Liquidity Guarantee Program	Unlimited	$40 billion
2008	FDIC bank takeovers	$15.5 billion	$15.5 billion
	Total:	$7.2 trillion	$2.6 trillion
1 Daily average 2 Fed increased amount from $620 billion to an unlimited cap, spending unknown 3 Includes $40 billion under TARP Sources: Federal Reserve, Treasury, FDIC Note: Figures as of December 4, 2008