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The initial bailout plan was for nearly $700 billion. The latest stimulus package is another $250 billion
The aim of the bailout plans, stimulus packages etc are to purchase bad assets, reduce uncertainty regarding the worth of the remaining assets, and restore confidence in the credit markets.
Below are some reasons for such packages:
1. To Stabilize the economy
2. Improve Liquidity
3. Improve Investor Confidence
4. Reduce the impact of the financial crisis on the US Economy and GDP.
What else can I help you with?
If there is 69p change from 2 pounds.How much has been spent?
£1.31 has been spent.
How Much Money Has Been Spent For 2010 Olympics?
about 1 billion dollars has been spent in the olympic games
How much money has been spent on the Olympics?
75688877
How much money has been spent on Darfur?
Over $9000.
How much money has been spent on the 2012 Olympics?
200 Billion
How much total money has been spent on a cure for cancer?
2.7trillion
How much money has been spent on the afghan war?
Billions of money.
How much money was spent building WikiTree?
This figure has not been tracked.
How much money is spent on Flowers throughout the year?
There has been 2.5 million dollars spent on flowers this year lots :)
How much money has been spent on weapons of mass destruction?
about 4 dollars
Why didn't the Tea Party protest the Bank Bailouts?
The Tea Party movement was a grass roots response to the increased government spending, especially in areas that have traditionally not been benefactors of government dollars. The bank bailouts, TARP, GM restructuring outside of bankruptcy, and other government intervention in the economy was the catalyst from which the Tea Party was born. Protesting the bank bailouts is what started the Tea Party Movement.
How much time on average is spent doing homework in life?
No studies have been done
