The Real Recovery | December 08, 2009 | 1 comment

Obama lays out plan to use TARP money for jobs

source: http://blogs.current.com/news/2009/12/08/obama-lays-out-plan-for-jobs-meeting-lawmakers-tomo...

afitzgerald
Yesterday we found out that there was going to be some leftover money from TARP and that Obama wanted to put it to job growth. He gave a speech today outlining some plans. Among the highlights? Assisting small businesses, putting more money to infrastructure and encouraging investments in clean energy. He also called on businesses to do their part for job creation as well, saying there was only so much government could do.He'll meet with lawmakers tomorrow to get some of these plans rolling.

FROM THE NEWS BLOG: http://blogs.current.com/news/2009/12/08/obama-lays-out-plan-for-jobs-meeting-la...
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1 comment // Obama lays out plan to use TARP money for jobs // Video

  • JohnA
    • 0
      JohnA [removed]  

    • He can't do that! TARP wasn't a slush fund, it wasn't free money, it wasn't a windfall. It is our taxpayer dollars. Bush and Obama have already used it illegally to prop up GM and Chrysler. If he wants a second stimulus or jobs bill or whatever he wants to call it, it has to go through the House and be approved by the Senate. We have laws! We have a Constitution! It is our tax dollars, he can't just blow it anyway he wants. TARP was for banks specifically, and when the banks pay it back, we were supposed to cover the deficits we took on to give it to them, that was the way the law was written. It's not his money to do with as he pleases.

    • 3 years ago
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