$49.4 billion. $19.4 billion before bankruptcy and another $30 billion to fund GM through it. See the link below.
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reconstruction finance corporation
He explained his policies and assured people that he could help them through the DepressionAPEX
In a fiscal federal form of government, a block grant is a large sum of money granted by the national government to a regional government with only general provisions as to the way it is to be spent, in contrast to a categorical grant, which has stricter and specific provisions on the way it is to be spent.An advantage of block grants is that they allow regional governments to experiment with different ways of spending money with the same goal in mind.
The government spends it.
Money is not meaningful - quit making money:-o