MAXIMUM TAPPED
US GOVERNMENT/FEDERAL RESERVE BAILOUT PROGRAM COMMITMENT SO FAR
Federal Reserve Programs    
  Commercial paper program   1,800 271
  Buys short-term notes from companies which use the proceeds to pay bills      
  Term auction facility 900 415
  Provides a negotiated rate for banks to borrow from the Fed  
  Other Assets   606 606
  Finance company debt purchases 600 0
  Buys debt issued or backed by government chartered housing finance companies  
  including Fannie Mae and Freddie Mac in an effort to reduce their debt costs and  
  thereby lower mortgage rates  
  Money market investor funding facility   540 0
  Buys assets from financial companies to bolster money market mutual funds      
  Citigroup bailout 291 291
  The Fed agreed to guarantee $291 billion of Citigroup's toxic assets  
  Term securities lending   250 190
  Allows financial firms to borrow Treasury bonks in exchange for collateral      
  Term asset backed loan facility 200 0
  Lends money to owners of top rated securities that are backed by school, car  
  credit card and small business loans  
  Other credit extensions   123 87
  Loan to AIG      
  Discount window 92 92
  Lends directly to commercial banks  
  Commercial paper program 2   62 62
  Lends to banks so they can buy commercial paper from mutual funds      
  Discount window 2 50 50
  Lends directly to all financial firms, including securities firms  
  Bear Stearns assets   29 27
  The Fed guaranteed $29 billion of the firm's assets when JPMorgan Chase bought it    
  Overnight loans 10 10
  Makes one day loans to banks based on collateral  
  Secondary credit   118 118
  Lends at higher interest rates when collateral is weaker      
   
Total Federal Reserve   5,671 2,219
Federal Deposit Insurance Corp    
Loan guarantees   1,400 0
Takes the risk out of bank to bank lending      
Guarantee to GE Capital 139 139
Supports the lending arm of General Electric  
Citigroup bailout   10 10
FDIC agreed to guarantee $10 billion of Citigroup's toxic assets      
 
Total FDIC   1,549 149
Treasury Department Programs      
Troubled Asset Relief Program   700 375
Approved by Congress      
Stimulus package 168 168
Checks mailed to taxpayers last spring  
Treasury Exchange Stabilization Fund   50 50
Buys and sells short term notes to moderate fluctuations in foreign currency      
exchange rates      
Tax breaks for banks 29 29
Allowed acquiring banks to use acquired banks tax losses  
 
Treasury Department Total   947 622
Federal Housing Administration Program    
Hope for Homeowners   300 300
Provides loan guarantees for struggling mortgage borrowers      
 
Total Federal Housing Administration total   300 300
Total All Programs (billions) 8,467 3,290
Number of US Households (billions) 0.111 0.111
Total Per Household ($) $76,279 $29,640
From Sfgate.com