Obama Calls for Congress to Pass Small-Business Bill as Soon as Possible

President Barack Obama asked the Congress to make the small-business bill its first order of business when it returns from summer break next month.In an attempt to help spur hiring and cut the unemployment rate, President Barack Obama on Monday pushed Congress to make the small-business bill a priority when it returns from summer break next month, the Associated Press reported.

The package of tax cuts and incentives intended to help small businesses is "fully paid for," said Obama, who referred to Senate Republicans' opposition to it as "partisan politics," according to the wire-service story.

The administration plans to unveil a variety of new proposals designed to help the economy, according to the AP. Aside from the small-business package, the president is looking to spur the U.S. economy with items such as an extension of some of former President George W. Bush's tax cuts, increased clean-energy investment and the repair of more roads and highways.


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alittleranchgal

History and a recent poll of Americans in the last day or so say that REPUBLICANS SUCK at handling the Economy. Republicans are good at MAKING WAR and MAKING MONEY and then not wanting to pay their fair share of taxes while the rest of America struggles just to make a living. If Republicans and their failed policies are restored to power, America will get what it deserves!

September 05 2010 at 3:34 PM Report abuse rate up rate down Reply
mt61851

Obama has his step fathers mentality of Indonesia, a third world nation and he is trying to turn this country into a country like that, where the upper class is in control and the only other system is the lower class, which he and his cronies are working at making the rest of us, the lower class. That means he can be a dictator, which he is using those traits now. He says what he wants when he needs to make people follow him, he is like the pied piper. Do not follow the piped pipper or you will end up in the plague. Use common sense and do what is morally and ethically right. Follow your values, not theirs or Obama's because he has no values, his values lie in what will bring him power and PUT THE AMERICAN PEOPLE AT THE MERCY OF THE THIRD WORLD. WE ARE NOT A THIRD WORLD NATION SO STOP OBAMA AND THE DEMOCRATS BEFORE THEY KEEP MAKING US ONE FOR THEIR PROPOSED DICTATORSHIP.

September 05 2010 at 4:28 AM Report abuse rate up rate down Reply
Sonny

The Devil is in the Details.............Have you read the entire bill? Don't believe anything this man says until you verify it.........he has a very bad track record when it comes to honesty.

August 31 2010 at 6:30 PM Report abuse +2 rate up rate down Reply
1 reply to Sonny's comment
lagoodfella

The 30 billion is coming from the TARP money which was borrowed from China that's what Obama means when he says it's paid for. He going to give that money to the banks so they can lend it to small business, didn't we do that already? HA HA HA HA HA

August 31 2010 at 2:26 AM Report abuse +3 rate up rate down Reply
frank1946

Cool............19 Mos. later we can have some tax cuts, this man is a Whiz and a Scholar of the highest order ! Methinks he is locked into Power and Polls, think of all the jobs he and his cronies could have saved if he would have proposed all this in early 2009.

August 31 2010 at 12:39 AM Report abuse +1 rate up rate down Reply
jdrumerrnr

Can't wait for the Regressive party.

August 31 2010 at 12:06 AM Report abuse +1 rate up rate down Reply
5 replies to jdrumerrnr's comment
Ron and Barb

Obama your'e 18 month's late, you dumb ****.

August 30 2010 at 11:58 PM Report abuse -1 rate up rate down Reply
jdrumerrnr

Why don't we quit financing the tax breaks for Big Business. Sitting on tons of cash, yet not hiring.

August 30 2010 at 11:58 PM Report abuse -3 rate up rate down Reply
3 replies to jdrumerrnr's comment
HELLO HERB

I totally agree with jerrym930 comments.I think no matter what political party, whether it be DEMOCRATIC or REPUBLICAN,they think they are solving the economic mess they have caused by creating more debt. That is hard to believe. If we ran our own lives in the manner they run the country we would be considered totaly irresponsible. Hopefully they get the message and realize they have to change. Where is the other $400 billion still unused, and what do they plan to do with that money. It's our tax dollars, and we deserve an answer.

August 30 2010 at 9:48 PM Report abuse +3 rate up rate down Reply
1 reply to HELLO HERB's comment
jerrym930

Herb - I believe Obama is purposely holding on to the remaining stimulous money, so he can spend it during the last 2 years of his Presidency. He is hoping that the second half of the spending will get the economy moving before he runs for re-election. Even Joe Biden has said that the stimulous was purposely backloaded, meaning the actual job creation part was not to be spent in the first half of the spending outlays. This has all been rigged from the start.

August 30 2010 at 10:12 PM Report abuse +6 rate up rate down Reply
tfa1611

They got it wrong in 2008,2009 they should have helpped small business first and let the giants fall to the ground. Wrong again dummies!!!! Small Businesses wont see anything from this, its another smoking mirror!!!

August 30 2010 at 9:02 PM Report abuse +9 rate up rate down Reply