Should the Obama Administration Use TARP Funds to Create Jobs?

By U.S. News Staff

December 8, 2009 RSS Feed Print

President Obama will announce his plans for job creation on Tuesday in a speech at the Brookings Institution. According to CNN, the administration is expected to reallocate $200 billion worth of public funds—originally budgeted for the Troubled Asset Relief Program—toward new jobs projects, such as building new infrastructure or helping small businesses. The administration believes that because banks are recovering more quickly than anticipated, less money will be necessary for the TARP. Republican lawmakers are wary of the plan, saying that any leftover bailout money should be used to reduce the deficit rather than to pay for new projects. What do you think?

Should TARP money be used for jobs?

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Should TARP Funds Be Used For Job Creation?




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Previously: Can the U.N. Summit Do Anything About Climate Change?

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Can u please focus on the department right now until 03/11

Mrs. Elizabeth Anne Cole of DC 2:30PM December 11, 2009

Tarp was a "kneejerk" reaction to a precieved crisis. Bush realized this and held half of the funds for Obama to spend, which HE promptly DID. Anybody remember?

The Stimulus and Tarp have been a model of Federal inefficiency and waste that have been completely ineffective.

The very same model we can expect from Federally mandated Healthcare and Federally mandated School systems and basically any other "Federally Mandated" control of OUR lives.

The HUGE Government debt created by the Obama-Reid-Pelosi Trilogy is strangling the life from this Great Country and it must be stopped!

Do no harm....this SHOULD be the mantra of our "leaders".

REPEAL AND IMPEACH....gross negligence.

Plain and simple.

Chris Petty of GA 11:54PM December 08, 2009

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