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Accession Number PB2013-101457
Title Report on the Troubled Asset Relief Program, October 2012.
Publication Date Oct 2012
Media Count 8p
Personal Author N/A
Abstract 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.
Keywords Assessments
Congressional investigations
Debt
Department of the Treasury
Federal budget deficit
Financial markets
Guarantees
Purchases
Troubled Asset Relief Program(TARP)
Troubled assets
Valuation methods

 
Source Agency Congressional Budget Office
NTIS Subject Category 70F - Public Administration & Government
96F - Banking & Finance
92 - Behavior & Society
Corporate Author Congressional Budget Office, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1303
Contract Number N/A

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