Bailout plan could cost $1 trillion

This just in: Hank Paulson’s toxic waste dump could cost U.S. taxpayers as much as $1 trillion, Politico reports. Keep in mind, however, that if all goes well, U.S. taxpayers could actually make money on this deal, though it’s probably highly unlikely. UPDATE: Here’s Paulson’s statement from today’s press conference.

This just in: Hank Paulson's toxic waste dump could cost U.S. taxpayers as much as $1 trillion, Politico reports.

This just in: Hank Paulson’s toxic waste dump could cost U.S. taxpayers as much as $1 trillion, Politico reports.

Keep in mind, however, that if all goes well, U.S. taxpayers could actually make money on this deal, though it’s probably highly unlikely.

UPDATE: Here’s Paulson’s statement from today’s press conference.

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