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Congressman Sherman (D-CA) Addresses Concerns About Recycling TARP Funds

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Uploaded on May 12, 2009

On May 12, 2009 Congressman Sherman addressed his concerns that the Department of Treasury is ignoring section 106(d) of the Emergency Economic Stabilization Act and is expressing an interest in recycling repaid TARP funds. The law requires TARP repayments to be paid into the general fund for the reduction of the public debt.

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