IV 
111TH CONGRESS 
1ST SESSION 
H. RES. 950 
Expressing the sense of the House that any unobligated funds authorized 
for expenditure by the Troubled Asset Relief Program (TARP) should 
be used to create jobs for United States citizens. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 8, 2009 
Mr. JOHNSON of Georgia (for himself, Ms. RICHARDSON, Mr. LUJA´N, Ms. 
JACKSON-LEE of Texas, Mr. ELLISON, Mr. CONYERS, and Mr. FILNER) 
submitted the following resolution; which was referred to the Committee 
on Financial Services 
RESOLUTION 
Expressing the sense of the House that any unobligated 
funds authorized for expenditure by the Troubled Asset 
Relief Program (TARP) should be used to create jobs 
for United States citizens. 
Whereas the Troubled Asset Relief Program (TARP) author-
izes the Secretary of the Treasury to purchase hundreds 
of billions of dollars of assets and equity from financial 
institutions to ensure their solvency, promote trust in the 
financial system, and ease credit markets; 
Whereas TARP funds have been used to ensure that small 
businesses and individuals have access to credit; 
Whereas stress in credit markets has eased such that finan-
cial institutions have begun to repay TARP loans and 
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•HRES 950 IH 
emergency assistance to financial institutions is no longer 
necessary; 
Whereas TARP funds have been misused to fund large com-
pensation and bonus packages for executives of financial 
institutions that required assistance from the United 
States; 
Whereas United States citizens continue to face a severe eco-
nomic downturn; 
Whereas in October 2009, the Bureau of Labor Statistics re-
ported a nationwide unemployment rate of 10.2 percent, 
the highest since the Great Depression; 
Whereas as of November 2009, the Bureau of Labor Statis-
tics reported that the U–6 measure of unemployment, 
which includes discouraged workers and workers able to 
find only part-time employment, was 17.2 percent; 
Whereas as of November 2009, the Bureau of Labor Statis-
tics reported that more than 15,000,000 people were un-
employed; 
Whereas the monthly 105(a) report from the Department of 
Treasury, dated November 10, 2009, calculates that 
$139.3 billion of the TARP funds are unobligated funds 
authorized for expenditure; and 
Whereas according to the United States Conference of May-
ors December 2008 ‘‘Ready-to-Go Jobs’’ Report, in 641 
cities in all regions of the country, a total of 15,221 local 
infrastructure projects are ‘‘shovel-ready’’ and capable of 
creating more than 1,000,000 jobs over a 2-year period: 
Now, therefore, be it 
Resolved, That the House of Representatives— 
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•HRES 950 IH 
(1) recognizes that job creation is the top pri-
ority of the United States; 
(2) observes that there are ‘‘shovel-ready’’ 
projects nationwide that could create more than 
1,000,000 jobs given adequate public investment; 
and 
(3) states that the $139.3 billion of unobligated 
funds authorized for expenditure by the Troubled 
Asset Relief Program should be used to create jobs 
for United States citizens. 
Æ 
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