CBO Update on TARP Disbursements and Costs

The Congressional Budget Office’s Report on the Troubled Asset Relief Program—March 2012 provides updated analysis of the program started in October 2008. The report concludes that as of February 2012, $431 billion of the possible $700 billion has been disbursed. More than half of that has already been repaid and AIG’s $50 billion represents nearly 40% of payments still outstanding.

This most recent report estimates net cost to the government at $32 billion, a drop from the $34 billion estimated in December 2011’s report. The $2 billion drop is mostly due to the appreciation of the government’s investments in AIG and General Motors.

Here is a great chart summarizing the costs and disbursements related to TARP: