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-- -- time out to check the facts some of the day's top stories try to put it in the proper perspective for you and today.
We're looking at all these claims in congress that we -- TARP money.
Can be used for other spending programs it's been a point of contention all week on Capitol Hill.
That -- ground which.
Past year ago.
Was designed for specific purpose for a specific time we need to do our best to hold his feet to the fire.
And make the administration do what the congress always intended it would do -- the time this program was -- All right -- to check the facts we go back to -- -- as it was originally written here it is HR 1424.
Section 106 you remember this.
Revenues up and proceeds from the sale of troubled assets purchased under this act.
Shall be paid -- -- general fund of the treasury.
Of the public debt yes legally bound to pay down the debt now also.
You could -- you legally bound to buy troubled assets which of course never happened so.
There may be some wiggle room here and President Obama went looking for it in his speech at the Brookings Institution.
We have to choose between paying down our deficits on the one hand and investing in job creation and economic growth on the -- This is a false -- -- the still unresolved true or false question though is whether TARP funds have a role in this jobs plan if its lending to small business all the facts.
Are pointing to maybe if its spending on new pro -- -- new programs though you're looking at a whole new bill or home instead of bills quite possibly.
This morning in the Wall Street Journal they're saying that those bills could cost an additional 170.
Billion dollars and that is our fact -- okay.
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