According to government projections released on Thursday, the entire bailout of Fannie Mae and Freddie Mac, which has already cost US taxpayers $148 billion, can reach as high as $363 billion if the US falls into a double-dip recession, The Los Angeles Times reported.
The Federal Housing Finance Agency, which has been regulating the two enterprises since they were seized during the financial crisis in 2008, says in the best-case scenario the bailouts of Fannie and Freddie would reach $221 billion.
The current projections point at an estimated $238 billion combined bailout price tag, the agency said.'
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