NU Online News Service, Oct. 5, 3:50 p.m. EDT

WASHINGTON–The Treasury Department said today that it expects the combined costs of the Troubled Asset Relief Program and other aid to American International Group will be “about $30 billion.”

The estimates of losses on the government’s total estimated $182 billion investment in AIG was released as part of an administration report indicating that the government’s final cost of the TARP program overall will be a less-than-expected $50 billion.

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