Whether TARP's sun sets at the end of the year or is allowed to rise once again in 2010 is being hotly discussed in the U.S. Treasury these days. The Troubled Asset Relief Program (TARP) designated $700 billion to support ailing banks, but the funds were also distributed to automakers and insurance companies. And most recently, the U.S. Treasury plans to buy toxic assets using private and public funds.
All in all, about $128 billion TARP funds are still on the table. And the funds could mean big investment in small business. The U.S. Treasury is reportedly developing initiatives to use that money on bolstering small businesses and community banks.