Bailouts could cost U.S. $23 trillion

http://www.politico.com/news/stories/0709/25164.html

A series of bailouts, bank rescues and other economic lifelines could
end up costing the federal government as much as $23 trillion, the
U.S. government's watchdog over the effort says – a staggering amount
that is nearly double the nation's entire economic output for a year.

If the feds end up spending that amount, it could be more than the
federal government has spent on any single effort in American history.
...