The federal government’s Troubled Asset Relief Program (TARP) was established in 2008 to help stabilize and strengthen the U.S. financial system. Under TARP, the U.S. Treasury was authorized to distribute up to $475 billion to banks and other financial institutions. The US Treasury disbursed a total of $411 billion through TARP.
Question: How much of the $411 billion has been repaid to the Treasury?
C. $250 billion
The U.S. Treasury reports that, as of March 24th of 2011, those participating in TARP have repaid $250.8 billion of the $411 billion they received through TARP. The Treasury has received another $37 billion in interest, dividends and capital gains on their investments in these companies. In total, $287.8 billion (70%) of the money dispersed through TARP has been recovered.
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