Reuters' "U.S. government financial support, exit plans" says, "The U.S. government is plotting a gradual exit from financial rescue and support programs worth trillions of dollars, one year after taking unprecedented action to prevent a devastating market collapse. Following is a rundown of the government's bailout and support efforts, including approaching expiration dates for some programs.... The Federal Deposit Insurance Corp last year pledged to guarantee up to $1.4 trillion in debt issued by banks. The program will end for newly issued debt as scheduled on October 31, but the agency is considering whether to provide emergency guarantees for six more months on a case-by-case basis.... The FDIC last month extended its guarantee program for some $700 billion in transaction deposit accounts until June 30, 2010.... The Treasury will allow a guarantee program for money market mutual funds to expire on September 18. The Treasury had pledged up to $50 billion to prevent mass withdrawals from money market funds a year ago. It has not had any payouts, but took in $1.2 billion in fees from funds. The Fed pledged to buy up to $600 billion of commercial paper and certificates of deposit under a Money Market Investor Funding Facility. As of September 10, the Fed held nothing in this facility. It expires February 1, 2010."
