Administration to slash bailout cost estimate - East Valley Tribune: Nation / World

Administration to slash bailout cost estimate

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Posted: Monday, December 7, 2009 10:03 am | Updated: 1:14 am, Sat Oct 8, 2011.

WASHINGTON — The Obama administration will lose $200 billion less than expected from the federal bailout program and is looking at using part of the savings to fund new job creation efforts.

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