Mr. Chairman, I seek to clarify language in the underlying TARP legislation. As you know, New York has been battered by the financial crisis, and unemployment, like in most States, has been drastically increasing. It is my understanding that TARP recipients can use TARP funds to provide funds to local small businesses to free up capital, preserve jobs, and support wages of their employees during these difficult times. Is that correct?
Seeking clarification on TARP legislation and its impact on small businesses during the financial crisis.
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I thank the gentleman for yielding me this time. We need to talk about what is really happening with this bill. Just months after giving massive tax cuts to corporations and the wealthiest individuals through their tax scam, Republicans…
I am asking on the underlying resolution before you, is it a privileged resolution? The SPEAKER pro tempore. The Chair announced that the resolution qualified as privileged.
Is this motion privileged? The SPEAKER pro tempore. The gentleman from California has offered a motion to table the question of privilege.
But we have to get that vote and continue to do that, I think, to see Joe Biden and Kamala Harris elected.
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