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Financial crisis of 2007–2008

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The total amount of loans after the financial crisis was much higher, citing an audit of the FED in 2011 - $16.1 trillion.
 
The US executed two stimulus packages, totaling nearly $1&nbsp;trillion during 2008 and 2009.<ref>{{cite news|url=http://news.bbc.co.uk/1/hi/business/7889897.stm|title=BBC – Stimulus Package 2009|publisher=BBC News|date=February 14, 2009|accessdate=February 27, 2009}}</ref> Other countries also implemented [[National fiscal policy response to the Great Recession|fiscal stimulus plans beginning in 2008]].
 
Although this number was first accepted, later auditing of The Federal Reserve in 2011 showed that the total amount of loans was much higher: $16.1 trillion.<ref>{{Cite web|url=http://www.gao.gov/new.items/d11696.pdf|title=FEDERAL RESERVE SYSTEM - Opportunities Exist to Strengthen Policies and Processes for Managing Emergency Assistance|last=|first=|date=|website=|archive-url=|archive-date=|dead-url=|access-date=|quote=$16,115 billion in total loans. (Table 8., page 131)}}</ref>
 
===Regulatory proposals and long-term responses===
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