Stephanopoulos falsely suggests report says TARP could cost "up to $23 trillion"
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SUMMARY: On This Week, purporting to ask Treasury Secretary Tim Geithner "about the TARP," host George Stephanopoulos claimed that TARP inspector general Neil Barofsky "said that the taxpayers could be on the hook for $23 trillion in liabilities." In fact, as Barofsky has repeatedly stated, that figure does not represent the potential cost of the Troubled Asset Relief Program to the taxpayer, but rather the "maximum amount of support" the government "could provide" under several programs initiated to bolster the financial system -- including programs that have been discontinued or have not been utilized.
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