The Treasury Department said it expects the combined costs of the Troubled Asset Relief Program and other aid to American International Group will be "about $30 billion."
Estimates of losses on the government's total estimated $182 billion investment in AIG were 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.
According to the report, the Treasury invested $40 billion in AIG and the additional funds were provided by the Federal Reserve, some of it through purchases of securities, placed in the Federal Reserve Bank of New York's facilities that are now showing increases in value.
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