• Jobs Bill – Will it Help You?

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     As our country flounders in a recession and unemployment in construction, manufacturing and most other industries remains high, the government looks for ways to stimulate the economy and put workers back to work.

    The agenda includes: renewing existing highway legislation for a year, which is expected to result in 1 million jobs, Senate Majority Leader Harry Reid said. Also, enacting small business and job creation tax credits — and extending Build America Bonds, a stimulus measure that helps states and municipalities fund capital construction projects.

    Read the entire article Jobs bill: A chance for bipartisanship or election strategy? – CNN.com.

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  • President Backs Raising Small Business Loan Limits to $1 Million

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    Small businesses have taken take a huge hit during this recession, but the President is looking to lend a helping hand…

    Feb. 5 (Bloomberg) — President Barack Obama will today back a temporary increase in Small Business Administration Loans from $350,000 to $1 million to encourage small business hiring, an administration official said.

    Obama will announce his support for the higher loan limits and SBA assistance for commercial mortgage refinancing when he appears at a small business in Lanham, Maryland, according to the official, who spoke on condition of anonymity. The two proposals would require congressional approval..

    To read the entire article, click here.

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