Secret Site Map
Wednesday, April 23, 2014

Home News Obama Seeks Bigger Cut for Small Business

Obama Seeks Bigger Cut for Small Business

Business

President Barack Obama unveiled plans Wednesday to refocus spending of the government's $700 billion financial bailout away from Wall Street's big financial institutions and toward small businesses on Main Street.

Staff | October 22, 2009

President Barack Obama unveiled plans Wednesday to refocus spending of the government's $700 billion financial bailout away from Wall Street's big financial institutions and toward small businesses on Main Street.

Obama said the initiatives would make it easier for smaller community banks to provide credit to small businesses, which have been hard-hit by the financial crisis. The president's plan also includes a request that Congress increase caps for existing Small Business Administration loans.

“Over the past decade and a half, America's small businesses have created 65 percent of all new jobs in the country,” Obama said. “These companies are the engine of job growth in America. They fuel our prosperity. And that's why they have to be at the forefront of our recovery.”

Click here to read the entire story.

Source: Chron.com

 

Top news

Arrow Exterminators Acquires Florida Company

Arrow acquired Tallahassee, Fla.-based Action Pest Control.

NPMA Announces Results of 2014-2015 Board Election

Billy Tesh, Pest Management Systems, Inc., Greensboro, N.C., will serve as the association's president.

Viking Pest Control Introduces Roach Coaches

Several buses throughout New Jersey are decked out with cockroaches and the Viking Pest Control logo/contact as part of a new advertising initiative.

Photos: Bed Bugs vs. Bat Bugs

Additional photos from Dr. Michael Potter for the August PCT feature 'Holy Cow...Bat Bugs and Bird Bugs.'

Central Garden & Pet Acquires Envincio Assets

The acquisition provides Central with EPA-exempt products, thereby allowing the company to expand its line of specialty products.