40% of it comes from US citizens who purchase government debt through instruments like savings bonds and us treasury certificates, another 20% comes from inter-governmental lending ie the social security trust fund, and another 40% comes from foreign investors the top one being China. China needs someplace safe to park their international reserves and they get the added bonus of selling their goods and services to the United States. China will continue to buy US debt because they need a strong US economy to support their own exports.
Yes 3.2 billion
It comes from the US Treasury (i.e., it is the tax payers money)
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.
Yes. $7 billion
no
Yes 3.2 billion
It comes from the US Treasury (i.e., it is the tax payers money)
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.
Yes. $7 billion
It comes from the US Treasury...
Ford did not receive any bailout money.
no
No, they did not.
yes
Obama
Individuals aren't getting bailed out, and the money isn't even going to mortgages. Banks are hoarding the money and what they do with it is a secred. See the link on Congressional oversight below.
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.