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House Passes Jobs for Main Street Act By Michael Willis, Public Affairs Advisor Marlowe & Company Report December 16, 2009 House of Representatives passed the Jobs for Main Street Act on December 16, 2009. The legislation specifically redirects $75 billion from the Troubled Asset Relief Program (TARP) used to bailout financial firms and other businesses to federal infrastructure and job creation projects. It is important to note that the Senate is expected to consider this measure in early January, 2010. This will give local communities a small window of opportunity to evaluate and determine how best federal funds can be utilized. Click here to read the full report |