Instead of wringing our hands and exchanging insults and blame —
We should be, getting up to speed on,
How the Republicans Keep putting the Brakes on Progress!
Republicans block small business plan in Senate
Donna Smith, Reuters – Jul 29 2010
Obama has been pushing for passage of the lending measure arguing that getting more capital into the hands of independent community bankers would lead to more small business loans. It is supported by independent bankers and business groups.
Since the 2008 financial crisis, small businesses have found it difficult to obtain loans that would help them expand as the economy recovers from the recession.
Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses […]
Some Republicans have cast the small-business proposal as part of what they consider government overreach by the Obama administration.
Helping Small Businesses to put people back to work — that’s government overreach?
On what planet?