Tags: us | democrats | jobs

Pelosi: Use Bailout for More Gov't Jobs

Thursday, 03 Dec 2009 12:21 PM

 


WASHINGTON -- The top Democrat on Capitol Hill says Congress will tap unused funds from the Wall Street bailout to pay for new spending on infrastructure projects and other steps aimed at boosting jobs.

California Democrat Nancy Pelosi said money from the bailout should be used to pay for jobs legislation that would funnel billions of dollars to road, bridge and other infrastructure projects and also help struggling state and local governments retain public employees such as firefighters, police officers and teachers. She also promised help for small businesses.

About $140 billion in bailout money remains uncommitted, and the administration has been wary of using it for other purposes. But Pelosi's comments come after administration officials have privately softened that stance.

Special: Get Sarah Palin’s New Book – Incredible FREE Offer -- Click Here Now.


© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved