That's the latest projection from the Congressional Budget Office, which says the government will spend less than was thought on assistance to insurance giant AIG and to automakers like General Motors.
And additional stock repurchases by formerly troubled Wall Street firms and lower-than-expected participation in mortgage programs have lowered the cost, the agency says.
Reuters points out that many backers of the bailout have paid a high political price: Republicans such as Sen. Bob Bennett of Utah and dozens of Democrats lost their seats earlier this month in part because they voted for it.