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Treasury Says TARP Repayments Now Surpass Funds Outstanding

In its May monthly Troubled Asset Relief Program (TARP) report to Congress Friday, the U.S. Department of the Treasury announced that TARP repayments to taxpayers have, for the first time, surpassed the total amount of TARP funds outstanding. Treasury’s report showed that, through the end of the May, TARP repayments had reached a total of $194 billion, which exceeded the total amount of TARP funds outstanding ($190 billion) by $4 billion.

Link to the rest of the article: http://tiny.cc/v6qyu

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