|
US Taxpayer Exposure
Financial Bailouts of 2008.
From Quarterly Reports
of the Special Inspector General for TARP
| as of Dec. 31, 2013 | |||
| Gross US Government Bailout Outlays | $4.6 trillion | ||
| Includes gross TARP outlays, US Treasury outlays, and Federal Reserve outlays (not including repayments) | |||
| Net US Government Bailout Outlays (after repayments) | $3.3 trillion | ||
| Includes net TARP outlays, US Treasury outlays, and Federal Reserve outlays (less amount of repayments to US government) | |||
| US Government Bailout Guarantees | $16.9 trillion | ||
| Includes guarantees from US Treasury, Federal Reserve and other US government agencies | |||
Notes:Gross Outlays are actual expenditures of the US Treasury and/or the Federal Reserve Board to assist institutions during the financial crisis of 2008. For instance, under TARP the US government injected capital into big financial institutions to bolster their balance sheets. Net Outlays are actual expenditures of the US Treasury and/or the Federal Reserve Board less the amounts repayed by the recipients since the financial crisis of 2008. Guarantees are undertakings by US Treasury and/or the Federal Reserve Board to provide assistance during the financial crisis if needed. For instance the Federal Reserve Board asserted that it would guarantee $5.5 trillion in money market funds without actually lending any money to anyone. | |||
Sources:October 29, 2013 SIGTARP Quarterly Report to Congress April 25, 2012 SIGTARP Quarterly Report to Congress January 26, 2012 SIGTARP Quarterly Report to Congress October 27, 2011 SIGTARP Quarterly Report to Congress July 28, 2011 SIGTARP Quarterly Report to Congress April 28, 2011 SIGTARP Quarterly Report to Congress January 26, 2011 SIGTARP Quarterly Report to Congress October 26, 2010 SIGTARP Quarterly Report to Congress July 21, 2010 SIGTARP Quarterly Report to Congress April 20, 2010 SIGTARP Quarterly Report to Congress | |||
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State and Local Finances for 2023
On September 11, 2025 we updated the state and local spending and revenue for FY 2023 using the new Census Bureau State and Local Government Finances summaries for FY 2023 released on July 31, 2025. (See also Annual Survey of State and Local Government Finances). The release includes state and local spending for the United States as a whole and the 50 individual states and the District of Columbia.
State and local spending and revenue for FY2023 are now actual historical spending as reported by the Census Bureau. In addition, the Census Bureau published updated tables for 2021 and 2022.
We have updated the "guesstimated" state and local finances for FY2024-30 as indicated in our "guesstimate" blog entries.
We have also updated data for individual local government units with data for 2023.
Beginning in 2022 the Census Bureau has changed the value for Line 56 Direct Expenditure and Line 7 General Revenue from own sources, as follows:
We have decided to end our publication of non-insurance trust cash and security holdings.
However, to keep the time series at usgovernmentspending.com consistent, we have decided to add insurance-trust values back into Line 56 and Line 7 values.
usgovernmentspending.com/bailout
presented by Christopher Chantrill
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