Tuesday
Dec082009
Democratic Caucus Planning Jobs Legislation Before Christmas
Tuesday, December 8, 2009 at 4:27PM
By Leah Valencia - University of New Mexico/Talk Radio News Service
House Democratic Caucus Chairman Rep. John Larson (D-Conn.) said Tuesday that the House of Representatives will pass a job creation bill before Congress breaks for its Christmas recess.
“We feel we can move fairly quickly,” Larson said following a Democratic Caucus meeting. “We have a limited amount of time left, but we feel we can accomplish those goals in that time period.”
The legislation proposed by House Democrats would use Troubled Asset Relief Program (TARP) funds to pay for the job creation program, an idea that was endorsed by President Barack Obama during his remarks at the Brookings Institute earlier in the day.
“I am glad President Obama agrees with proposals set forth by House Democrats to use returning TARP funds to pay for job creation legislation,” Larson said. “It is time for Wall Street to help rebuild Main Street. We will take steps in the coming weeks to make sure that happens.”
Larson said the size and cost of a jobs package will depend on further discussions with the executive branch, but the need for job stimulation is a top priority within the House.
House Democratic Caucus Chairman Rep. John Larson (D-Conn.) said Tuesday that the House of Representatives will pass a job creation bill before Congress breaks for its Christmas recess.
“We feel we can move fairly quickly,” Larson said following a Democratic Caucus meeting. “We have a limited amount of time left, but we feel we can accomplish those goals in that time period.”
The legislation proposed by House Democrats would use Troubled Asset Relief Program (TARP) funds to pay for the job creation program, an idea that was endorsed by President Barack Obama during his remarks at the Brookings Institute earlier in the day.
“I am glad President Obama agrees with proposals set forth by House Democrats to use returning TARP funds to pay for job creation legislation,” Larson said. “It is time for Wall Street to help rebuild Main Street. We will take steps in the coming weeks to make sure that happens.”
Larson said the size and cost of a jobs package will depend on further discussions with the executive branch, but the need for job stimulation is a top priority within the House.
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