How was TARP funded?

The Troubled Asset Relief Program (TARP) was primarily funded through the issuance of government debt. The U.S. Treasury sold bonds to raise capital, which was then used to purchase troubled assets from financial institutions. Additionally, TARP was supported by the authority granted to the Treasury under the Emergency Economic Stabilization Act of 2008, allowing it to allocate up to $700 billion for financial stabilization efforts. Ultimately, the program aimed to restore liquidity and stability to the financial system during the 2008 financial crisis.