Bartender Geek

Because this idea seems to inexplicably be getting actual traction: Yes, 700 billion is a lot of money, but it only amounts to maybe $6000 per household (and less per taxpayer), not a million dollars apiece. The reason that giving every single taxpayer a million dollar check would do a lot more to fix things is that it would cost vastly more than any proposed bailout, and about a dozen times the existing national debt.

So, no, it would not "cost less", by any stretch of the imagination.