This blog is of, by and for the progressive members of our Jefferson County community. Our mission is to provide information about fellow progressives for all to view, to provide a forum for forward looking candidates and to offer other varied items of interest. Your opinion is important to this blog and if you wish to write us an item or send us a picture please email it to watertownwizards@yahoo.com THIS BLOG IS NOT AN OFFICIAL BLOG OF THE JEFFERSON COUNTY DEMOCRATIC COMMITTEE

Saturday, February 28, 2009

David Paterson is in there pitching


Just like a lot a pitchers he sometimes loses the strike zone for awhile but these two are right in there.

This week the Governor continued to tackle the state’s economic challenges.

Yesterday he announced that due to increased enrollment in the federally-funded Food Stamp program, New York State has received $162.4 million in new federal funding through the Temporary Assistance for Needy Families (TANF) Contingency Fund – a federal fund that assists states in providing benefits and services to low-income families when unfavorable economic conditions exist.

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Governor David A. Paterson also called on Treasury Secretary Timothy F. Geithner to help restore the municipal bond market in order to protect the ability of local governments to borrow by issuing bonds. Governor Paterson is specifically calling for an infusion of capital from the Treasury Department to help stabilize the bond insurance market in order to reduce borrowing costs for local governments.

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