Senate approves Obama's small-business aid package

[ProSense]

Source: Los Angeles Times

WASHINGTON -- Overcoming months of gridlock, the Senate approved a small-business bill on Thursday that handed President Obama an election-year victory but showed just how difficult it had become for lawmakers to agree on the best way to help the sluggish economy and create jobs.

The measure passed by a 61-38 vote, with just two Republicans crossing party lines to support the bill, which would create a $30-billion small-business lending fund and provide $12 billion in tax breaks to help companies invest and hire. The bill now heads to the House, where it is expected to pass swiftly.

Yet the months-long impasse over the bill to aid small businesses, which have been hard hit during the economic downturn and are championed by both parties as engines of the recovery, highlights the partisan divisions before the fall midterm election.

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The House passed a version of the bill earlier this year, and at one point over the summer, frustrated House lawmakers walked across the Capitol to stage a quiet sit-in at the Senate chamber to protest the delays on this and other jobs bills.



Read more: http://www.latimes.com/news/nationworld/nation/la-pn-small-business-bill-20100917,0,2992847.story

[Cha]

1. Small Businesses

Rejoice!:bounce::fistbump:

[MineralMan]

2. More good news today! Huzzah!

[pleah]

3. K&R

[democrat_patriot]

4. Only 2 Republicans? Hit. Them. Hard.

This needs to be mentioned by the president at the very least.

"I am happy to see at least 2 Republicans want to help Small Business"

[JNelson6563]

5. This is AWESOME!!!

Wonderful news!

Julie

[savalez]

6. yay!

[AC_Mem]

7. Show how they vote!

These are the commercials we need to be viewing. Show how hard it is to get the GOP to help small business. We should never have to have 61 votes to get help for struggling businesses in America, this should have been an easy vote but who voted NO? That's right, the ones who would vote yes if it was for millionaires.