Treasury says about $110B left in bailout fund - KWWL - Eastern Iowa Breaking News, Weather, Closings

Treasury says about $110B left in bailout fund

WASHINGTON (KWWL) - The Treasury Department says there are $109.6 billion in resources left in the government's $700 billion financial rescue fund.

But officials expect the fund will be boosted over the next year by about $25 billion as some institutions pay back money they have received. That would boost the fund to $134.6 billion.

The accounting details were made by Treasury Secretary Timothy Geithner in a letter to Elizabeth Warren, the head of the Congressional Oversight Panel.

Online Executive Producer Nate Leding

Powered by Frankly