'Cash for Jobs': Franken wants to use TARP funds to put Minnesotans back to work
Today, U.S. Sen. Al Franken (D-Minn.) introduced his plan to put around 15,000 Minnesotans back to work. The "Strengthening Our Economy Through Employment and Development (SEED) Act," informally known as "Cash for Jobs," would take $10 billion in existing funds from the Troubled Asset Relief Program (TARP) and re-allocate it to creating jobs in the private and public sectors. This means the initiative would create jobs without adding to the national debt or deficit.
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