Business Loan Bailout

CNN states "The program addresses commercial paper, a form of short-term funding that is crucial to many businesses operations". So what really is going on here. The Fed's program would end in April 2009, but what will be the true impact to taxpayers like you and I. According the The NewYork Times "officials conceded that there was no way of really knowing what, if anything, a bailout would cost". In a letter sent to the House Budget Committee chairman John Spratt Jr. from Peter Orszag, said that he believe that there is a better than 50% chance that the new Treasury authority would not be used before it expired. For those of you who do not know, Mr. Orszag is the Director of the U.S. Congressional Budget Office. Now that is the type of reports I do not like to see published with my name attached. He say's better than a 50% chance. Well it is going to rain today...I think...well there is a 50% chance anyway. Get real Peter. This bailout plans has many problems and I believe we have yet to see the true impact.