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Yes. $7 billion
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∙ 12y ago
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Where does bailout money come from?
It comes from the US Treasury (i.e., it is the tax payers money)
Will the 700 billion dollars for the bailout come from China?
The bailout did not get through Congress, but no, the money would come from the US taxpayers. Update: The bailout did pass, and the money is coming from the Treasury and Federal Reserve. This could be argued to suggest the money is coming from the taxpayers.
Who will receive the bailout money?
Nobody would receive the bailout money directly/Freely. The US Federal Reserve plans at buying illiquid securities from the banks & other financial institutions that are in trouble now. They would be buying assets like MBS (Mortgage Backed Securities), CDO's (Collateralized Debt Obligations) etc The proportion in which each banks assets would be bought by this bailout plan would be decided by the plan coordinators. The proceeds of this asset buying by the reserve (Cash) would be used by these banks and financial institutions to meet their liquidity needs and to infuse further liquidity into the economy. The Fed Reserve would sell these assets at a later point of time once the economy stabilizes and repay the Treasury.
How does a bank help us in your daily life?
a bank can help us draw money when ever we are in need...
Define the 700 billion US bailout plan?
Much of it is still evolving. Suggest you review wikipedia under bailout plan.
Where does bailout money come from?
It comes from the US Treasury (i.e., it is the tax payers money)
Will the 700 billion dollars for the bailout come from China?
The bailout did not get through Congress, but no, the money would come from the US taxpayers. Update: The bailout did pass, and the money is coming from the Treasury and Federal Reserve. This could be argued to suggest the money is coming from the taxpayers.
Where did the money miraculously materialize for the 700-million-dollar bailout in the US?
It comes from the US Treasury...
Who inserted the 2008 bailout earmarks and who did they benefit?
The US Senate. The bailout plan is intended to help the struggling financial institutions of the US and provide them with cash (in return for the illiquid assets they have which they cannot sell in the open market) which can be used to revive the fallen economy. At a later point of time the US Fed reserve may sell these assets back to these banks and recover a part or the full bailout money.
Is the taxpayer bailout from an accumulated fund or from future tax paid?
All government expenditures, including the bailout, come from the US Treasury. The US Treasury takes in tax money. If that is not enough to pay the bills (including the bailout), then the Treasury borrows additional money. Think of the Treasury as a big pile of cash. When you pay taxes, they throw your money in the pile. When they borrow money, that gets thrown in the pile, too. When they spend money, whatever is on top of the pile gets taken off and sent to whoever the money is owed to. The Treasury has not been taking in enough money to cover regular government expenses for the last eight years, let alone to cover the bailout. They borrow the rest. Politicians have not addressed the question of how they are going to pay back all the loans.
How to receive Free PayPal gift as Covid19 bailout (US Only)?
It is simple. If this pandemic period has affected you just like me, you will just answer a few questions and you will receive free PayPal gift to get back on track. No work involved.
How do you send money on line from bank in Europe to bank in us?
i do not think you can. you will have to go to the bank and do it.
Who will receive the bailout money?
Nobody would receive the bailout money directly/Freely. The US Federal Reserve plans at buying illiquid securities from the banks & other financial institutions that are in trouble now. They would be buying assets like MBS (Mortgage Backed Securities), CDO's (Collateralized Debt Obligations) etc The proportion in which each banks assets would be bought by this bailout plan would be decided by the plan coordinators. The proceeds of this asset buying by the reserve (Cash) would be used by these banks and financial institutions to meet their liquidity needs and to infuse further liquidity into the economy. The Fed Reserve would sell these assets at a later point of time once the economy stabilizes and repay the Treasury.
How does bank help us in your daily life?
a bank can help us draw money when ever we are in need...
How does a bank help us in your daily life?
a bank can help us draw money when ever we are in need...
Define the 700 billion US bailout plan?
Much of it is still evolving. Suggest you review wikipedia under bailout plan.
Should the US government cut spending after the 700 billion dollar bail-out goes through?
If the bailout package is able to successfully revive the US economy then the US government should cut spending on the bailout. But some financial experts feel this 700 billion may not be sufficient. If what they predict becomes true then the government would have to pump in more cash into the bailout package. This bailout cannot be left in midway because the future of the world and US economy lies predominantly on this bailout and people are hoping that this works out successful.
