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July 25, 2009
$24 Trillion!
Topics: Political News and commentariesMind boggling lack of "unprecedented transparency" by the Obama administration:
The Special Inspector General for TARP, Neil Barofsky, made headlines this week when he estimated that the Obama administration had committed itself to spending as much as $24,000,000,000,000 to fix the American economy. The Treasury fired back at its own SIGTARP, saying that Barofsky inflated the numbers and that they had no intention of spending almost twice America's annual GDP. In an interview with ABC's Jake Tapper, Barofsky explains that the White House currently has dozens of programs dispensing cash, and that the caps on all of those add up to the $24-trillion mark...Read it all.
Posted by Richard at July 25, 2009 10:57 AM
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