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Loan 2

Date: 
December 31, 2008
Maximum Amount: 
$13.40 billion
Amount Spent: 
$13.40 billion
Deficit Impact: 
$8.04 billion

 

Notes: 

Amount spent indicates loans and other funds issued as of 7/9/2010 (http://www.ustreas.gov/initiatives/eesa/transactions.shtml). Maximum amount is original loan amount. Deficit impact calculated by CRFB, using CBO's practice of estimating costs on a risk-adjusted present value basis.  Deficit impact is derived from CBO's overall subsidy rate for assistance to the automobile industry (60%), as listed in CBO's January 2010 baseline.

 

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