Blogs > Liberty and Power > "The Government Might Actually Make Money" on the Bailout (Apparently Not)

Oct 21, 2009 5:54 pm


"The Government Might Actually Make Money" on the Bailout (Apparently Not)



A popular rationalization for the bailout was that any losses to the taxpayers were probaby temporary and that the"government might actually make money."

A new report from Treasury Department's independent watchdog, however, has poured a bucket of cold water on this dubious claim. The report finds it"extremely unlikely" that the taxpayers will recoup their losses, much less make a"profit."

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