In 2014, average household income before accounting for means-tested transfers and federal taxes was $19,000 for the lowest quintile and $281,000 for the highest quintile. After transfers and taxes, those averages were $31,000 and $207,000.
CBO estimates that the costs of achieving a 355-ship Navy under two different approaches would average over $100 billion annually through 2047. Those scenarios are compared with two others that would cost less and involve a smaller fleet.
CBO estimates that the net cost of the TARP will total $32 billion—$1 billion less than it estimated in June 2017 because of a decrease in projected outlays for mortgage programs. Almost all of the TARP’s transactions have been completed.