Bailout to swell debt, hit taxpayers

Analysts say hikes almost inevitable

By Robert Gavin

Globe Staff / October 19, 2008

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The shape and scope of the Wall Street bailout is finally clear, but a big question remains: How will we pay for it? Propping up the US financial system will require the federal government to borrow hundreds of billions of dollars, adding to a ballooning deficit that will hamstring the next president and eventually require Americans to pay higher taxes, ... (Full article: 974 words)