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The Government Says
Unofficial blog of briefings from the Whitehouse. Based on DowningStreetSays.com.

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Whitehouse Press Briefings with alerts and comments - for you to read and respond to what the Press Secretary actually says, rather than what they were reported as saying.

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Q It's up to about $200 billion that's being guaranteed by this. What's the expectation of the administration...

Q It's up to about $200 billion that's being guaranteed by this. What's the expectation of the administration about how much will -- how much taxpayer money will actually have to -- you'll actually have to come up with to help secure these companies?

MS. PERINO: I'll refer you to Secretary Paulson, who said this morning that -- he said it would be as little as possible, and I think the initial request was for $5 billion, but up to $200 billion. He said he doesn't know yet what that would ultimately be. But what he does know is that as soon as these companies start to turn around, it is the taxpayers who will be paid back first, not the shareholders.

seen at 09:00, 8 September in Whitehouse Press Briefings. Email this to a friend.
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