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Obama wants to use TARP for new jobs bill

From: The Washington Times | December 9, 2009 

Trapped between a bad economy and high deficits, President Obama on Tuesday promised more job relief and called for another round of stimulus-type funding - but teed up a political fight by calling for at least part of it to be funded with Wall Street bailout money. Mr. Obama said that the Troubled Asset Relief Program will cost $200 billion less than planned and that some of the money could go to fund small-business relief. But he was unclear about how to pay for the rest of the package, which includes infrastructure projects, home weatherization, unemployment benefits and municipal aid. ...

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