Fannie/ Freddie Bail Out Costs for FY 2009: $291 Billion, More than Twice TARP Costs.

Time's "Curious Capitalist" blog story HERE includes that figure, saying:

In the budget projections it released last week, the Congressional Budget Office tagged the Fannie/Freddie rescue as the single biggest cost item to come out of the financial crisis so far (at $291 billion in fiscal 2009, compared to $133 billion for TARP and $115 billion for the stimulus bill).

Story references another blog that says that it is POSSIBLE that Fannie and Freddie may be able to REPAY their debt to Uncle Sam from their future earnings over several years, IF Congress doesn't take action to limit their activities.

Originally created and posted on the Oregon Housing Blog.