Bailout Price Tag Continues Rising

According to this story in the Wall Street Journal (it’s subscriber-only, sorry), AIG just got another $37.8 billion from the Federal Reserve.  That puts the price tag for just bailing them out at $123 billion.  This may be a sign that the $700 billion $850 billion may not be enough.

In other news, the national debt is now so high that the US debt clock has run out of digits.  I don’t know if the figure includes the spending on wars in Iraq and Afghanistan.

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