“I am glad President Obama agrees with proposals set forth by House Democrats to use returning TARP funds to pay for job creation legislation.  It is time for Wall Street to help rebuild Main Street.  We will take steps in the coming weeks to make sure that happens.”

FOR IMMEDIATE RELEASE: December 8, 2009

CONTACT: Emily Barocas/ 202-225-7295

LARSON STATEMENT ON PRESIDENT’S JOBS SPEECH

Washington, DC -- Congressman John B. Larson (CT-01), Chairman of the House Democratic Caucus, released the following statement in response to President Obama’s speech on job creation today.

“President Obama made clear today that he is standing with House Democrats as we invest in the American people and put middle class Americans back to work. We know families are hurting not just from the recent recession, but from decades of an economy that allowed the wealthiest to prosper but squeezed the middle class between rising costs for health care, education and other basic necessities and stagnant wages.  By investing in small businesses, the engines of job growth, and our local communities, we will continue to rebuild the economy so that it puts working families first.

“A jobless recovery is not acceptable, and we will do everything we can to create good-paying American jobs and put people back to work.  I am glad President Obama agrees with proposals set forth by House Democrats to use returning TARP funds to pay for job creation legislation.  It is time for Wall Street to help rebuild Main Street.  We will take steps in the coming weeks to make sure that happens.”

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