March 9, 2009: Geithner tries to reassure Dems (Politico)

  • "The members of the caucus clearly raised grave concerns that the American people have about the amounts of money involved and about the effectiveness of that money," House Majority Leader Steny Hoyer told reporters. "Secretary Geithner said that the administration shared that concern with the American public but believed that not to have taken the action we have taken would in the very short term - not so much the long term - cause even greater loss to the economy, greater loss of jobs, as severe the loss of jobs has been."