We taxpayers just increased our bailout of Citigroup [total $45 billion].
The $20-billion cash injection by the Treasury Department will come from the $700-billion financial bailout package. The capital infusion follows an earlier one -- of $25 billion -- in Citigroup in which the government also received an ownership stake.
But Congress and the U.S. citizenry are against a Big Three helping hand that's 3.6% of the total $700 bailout [1/3 of the dime] we're giving the financial industry and only slightly more than half of what we're providing Citigroup.