Standard & Poor’s said the potential bill to U.S. taxpayers for bailing out Wall Street firms could grow to $400 billion, reports The Washington Times.

If Fannie Mae and Freddie Mac are included, the bill could soar by an additional $1.4 trillion, for a total of $1.8 trillion, causing the U.S. government to loose its AAA rating and plunging the country into a deep and prolonged recession.

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