WASHINGTON — With the Treasury Department's announcement late Monday that it will provide $6 billion in support to GMAC LLC, the agency has officially allocated more money than it actually has on hand in the Troubled Asset Relief Program.

Of the $350 billion it has received from Congress, the Treasury has pledged $358.4 billion, leaving observers and industry participants confused about how the agency can allocate money it does not have. By law, the Treasury must request the remaining $350 billion authorized by Congress for Tarp and give the legislators 15 days to object, but it has not yet made the request.

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