The 85 incoming freshman of the 112th Congress won’t be sworn in until early January, but on Friday — as part of their weeklong orientation — they all went through the great House office lottery. In alphabetical order, each stuck a hand into a wooden box and pulled out a metal token. Cory Gardner (R-Colo.), [...]
President Barack Obama signed a $30 billion small business lending bill into law on Monday, claiming a victory on economic policy for his fellow Democrats ahead of November congressional elections, Reuters reported. The law sets up a lending fund for small businesses and includes an additional $12 billion in tax breaks for small companies. “It [...]
President Obama has signed legislation that will create a $30-billion fund to help small businesses grow and hire new workers. The White House said the bill, which also provides eight new tax breaks for certain businesses, will create up to a half million jobs. The Small Business Jobs Act passed the House last week by [...]
It’s a news-making day for the prez on Monday, Sept. 27. He’ll be sitting down with the “Today” show in the morning, then playing host to a conference call with student journalists in the afternoon, before signing the small business bill and jetting off to New Mexico. Here’s what’s on tap: All times EDT 8:00 [...]
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By a vote of 61 to 38, the Senate passed a bill giving small businesses $12 billion in tax breaks, as well as making $30 billion in financing available through small community banks. All 59 members of the Democratic caucus and two Republicans– George Voinovich of Ohio and George LeMieux of Florida– voted for the [...]
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