House Democrats want TARP money for jobs initiative

12/4/2009 | Bloomberg · Reuters

Democratic leaders in the House are preparing to push for a job-creation program to be funded with money from the Troubled Asset Relief Program, said U.S. Speaker Nancy Pelosi, D-Calif. She said the House will try to get the measure passed this year. "If we can get something passed this year, it will be so that we can be ready for the construction season starting in the spring," Pelosi said. She said she wants to see some TARP money used to help small businesses hire and to assist local governments with employing firefighters, police officers and teachers.

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Bloomberg · Reuters

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