Just $15B left in first $350B of gov't bailout - WKOW 27: Madison, WI Breaking News, Weather and Sports

Just $15B left in first $350B of gov't bailout


WASHINGTON (AP) -- The government says it has just $15 billion left to spend from the first $350 billion pot of financial bailout money.

  The Treasury Department says $335 billion has been allocated from the first half of the $700 billion program, which was enacted on Oct. 3.

  Treasury Secretary Henry Paulson, who is overseeing the program, is weighing tapping the second $350 billion.

  The main goal of the program is aimed at getting financial institutions to lend money more freely again, which would help revive the economy.

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