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Treasury's Bailout Commitments Exceed $350 Billion Congress Has Allocated So Far

washingtonpost.com
Dec. 31, 2008
With the announcement of its $6 billion investment to stabilize GMAC, the Treasury Department has now spent or committed more money than Congress has allocated to its financial rescue program, effectively making more promises than it can afford to keep.
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Youngsters compete in Scripps National Spelling Bee
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Contestants (L-R) Cooper Barth of West Long Branch, New Jersey, Eboseremhen Eigbe of Galloway, New Jersey, Jacob Bayly Hunter of Sante Fe, New Mexico and Massound Sharif of Albany, New York, all await their turns to compete during the 3rd round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. UPI/Mike Theiler