That’s because the administration hasn’t come close to using the $50 billion from the Troubled Asset Relief Program (TARP) that it set aside for its loan modification program last year.
Tuesday, March 30, 2010
LARRY KUDLOW LIES AGAIN
He claims here that HAMP and associated programs have cost the government $75 billion. That's the amount of money available, NOT the amount of money that's been disbursed. The Wall Street Journal describes it this way:
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