EconWatch.com > Statement by the President on the Economy | The White House
[White House.gov Press Office Feed] And it would make it easier for community banks to do more lending to small businesses, while allowing small firms to take out larger SBA loans with fewer fees, which countless entrepreneurs have told me would make a big difference in their companies. I’d also like to point out this legislation is fully paid for and will not add one single dime to our deficit.
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[RedState] Obama Blames Democrats For Economic Stall | RedState: And it would make it easier for community banks to do more lending to small businesses, while allowing small firms to take out larger SBA loans with fewer fees, which countless entrepreneurs have told me would make a big difference in their companies. Id also like to point out this legislation is fully paid for and will not add one single dime to our deficit.
[Politicususa] Obama Tells Republicans to Stop Blocking Jobs Bill: By blocking things like the jobs bill and unemployment benefits, they are allowing Obama and the Democrats to seize the populist message of fighting for the common man. In an election year when Republicans should be blowing Democrats out of the water, key races remain close, without the Democrats starting to spend money yet, because Republicans cant get out of their own way.
[Science Progress] Capital Markets Matter: Thus we ought to take a look at the so-called preferred securities program, which authorized the SBA to fund venture capital partnerships which qualified as Small Business Investment Companies, or SBICs, by making equity capital (versus loans) available to those groups. This program tanked because the SBAs participation was limited on the upside and unlimited on the downside, a “heads you win tails I lose” proposition which, after the dotcom meltdown, deserved to be thrown under the bus, as indeed it was.
[The Entrepreneur School Blog] Obama Small Business Tax Cuts? | The Entrepreneur School Blog: Eliminating fees and increasing guarantees for small businesses that borrow through major SBA programs in 2010. The President called for the elimination of fees and an increase in guarantees for loans through the Small Business Administration, a measure that extends provisions in the Recovery Act through the end of 2010.
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