Emergency Economic Stabilization Act

Talk of New Bank Bailout Tallies $2 Trillion 

With the funds available under the Troubled Asset Relief Program steadily dwindling down into the second $350 billion leg of the program, the government may be considering a new “bank bailout” plan altogether. Unnamed sources told the Wall Street Journal a revamped financial bailout could top as much as $2 trillion in additional spending to restore the banking system’s vitality and get credit flowing.