March 14th,2010

President Obama Weekly Address: Opening Doors for Small Business

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February 6, 2010 at 7:37 am

by: The Smoking Argus
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OFFICIAL STATEMENT

President Obama Calls for New Steps to Support America’s Small Businesses


THE WHITE HOUSE/WASHINGTON – In this week’s address, President Barack Obama said that America’s small businesses are key to rebuilding the economy on a new, stronger foundation and creating jobs. He called on Republicans and Democrats in Congress to pass – without delay – a series of proposals that will help American small businesses thrive. These proposals include using $30 billion in TARP funds to create a new Small Business Lending Fund to provide capital to community banks to increase lending to small businesses, offering a new tax credit for over one million small businesses that hire new workers or raise wages, and providing targeted support for the most innovative small businesses with the potential to export new goods and products.

—END OFFICIAL STATEMENT—

Video Courtesy: White House
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Source(s): The White HouseThe White House Official YouTube Chanel

One comment

  1. rotten777
    #1

    So the President thinks that less taxes (tax credits) are good for small business but only wants the temporarily instead of permanently? Temporary success and growth… What a concept!
    How about this… GET OFF OUR BACK! QUIT TAKING OUR MONEY AND WE WILL ALL BE BETTER OFF!

    [Reply]

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