Finance

$23.7 Trillion to Fix System?

Take a deep breath: “The total potential federal government support could reach up to $23.7 trillion,” Neil Barfosky, the special inspector general for TARP, says in a new report. The government is currently running about 50 different programs to fight the recession. Barfosky’s estimate is based on each of these programs spending the maximum potential amount. Barfosky said the number is meant to “suggest the scale and scope of these efforts and not to provide a firm financial statement."