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:
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.

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