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Accession Number
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PB2013-101456
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Title
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Report on the Troubled Asset Relief Program, March 2012.
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Publication Date
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Mar 2012
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Media Count
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8p
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Personal Author
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N/A
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Abstract
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In October 2008, the Emergency Economic Stabilization Act of 2008 (Division A of Public Law 110-343) established the Troubled Asset Relief Program (TARP) to enable the Department of the Treasury to promote stability in financial markets through the purchase and guarantee of troubled assets. Section 202 of that legislation requires the Office of Management and Budget (OMB) to submit semiannual reports on the costs of the Treasurys purchases and guarantees of troubled assets. The law also requires the Congressional Budget Office (CBO) to prepare an assessment of each OMB report within 45 days of its issuance.
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Keywords
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Assessments
Congressional investigations
Debt
Department of the Treasury
Federal budget deficit
Financial markets
Guarantees
Purchases
Troubled Asset Relief Program(TARP)
Troubled assets
Valuation methods
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Source Agency
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Congressional Budget Office
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NTIS Subject Category
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70F - Public Administration & Government
96F - Banking & Finance
92 - Behavior & Society
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Corporate Author
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Congressional Budget Office, Washington, DC.
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Document Type
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Technical report
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Title Note
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N/A
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NTIS Issue Number
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1303
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Contract Number
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N/A
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