President Obama: “Good News on Autos, Obstruction on Small Business”

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    The full transcript is here. An excerpt:

    As we work to rebuild our economy, I can’t imagine anything more common-sense than giving additional tax breaks and badly-needed lending assistance to America’s small business owners so they can grow and hire.  That’s what we’re trying to do with the Small Business Jobs Act – a bill that has been praised as being good for small businesses by groups like the Chamber of Commerce and the National Federation of Independent Business.  It’s a bill that includes provision after provision authored by both Democrats and Republicans.  But yesterday, the Republican leaders in the Senate once again used parliamentary procedures to block it. Understand, a majority of Senators support the plan. It’s just that the Republican leaders in the Senate won’t even allow it to come up for a vote.

    That isn’t right. And I’m calling on the Republican leaders in the Senate to stop holding America’s small businesses hostage to politics, and allow an up-or-down vote on this small business jobs bill.

    At a time when America is just starting to move forward again, we can’t afford the do-nothing policies and partisan maneuvering that will only take us backward.  I won’t stand here and pretend everything’s wonderful.  I know that times are tough.  But what I also know is that we’ve made it through tough times before.  And we’ll make it through again.  The men and women hard at work in this plant make me absolutely confident of that.