Hometown Source: Franken announces Minnesota support for Cash for Jobs
Posted in News Clips on January 30th, 2010Washington, D.C. — U.S. Sen. Al Franken (D-Minn.) on Friday (Jan. 29) announced a coalition of support in Minnesota for his “Cash for Jobs” proposal to put people back to work. More than 50 Minnesota workforce councils, advocacy organizations, chambers of commerce, and faith groups endorsed Franken’s jobs bill.
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. The plan is based on the Minnesota Emergency Employment Development (MEED) program, which created thousands of jobs in the 1980s.




