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Republicans Vote Against Helping Small Business

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Republicans should pay a political price for this:

The Senate on Thursday passed a long-stalled bill aimed at providing the nation’s small businesses easier access to credit, the latest effort to create jobs and boost the struggling economy.

The 61-38 vote came just after noon, with two Republicans joining the Democratic majority to give President Obama a legislative victory he has been pursuing for months.

“This bill takes [the] credit crunch head on and helps small businesses access the capital they need through targeted tax cuts, robust incentives for investment and support for entrepreneurship,” said Senate Finance Committee chairman Max Baucus (D-Mont.), saying the measure would help “get Americans back to work.”

Yes, it will help “get Americans back to work,” but no thanks to Republicans, with the exception of George LeMieux (FL) and George Voinovich (OH) – both retiring, by the way.

Thanks to Republicans for caring more about opposing Barack Obama than about helping small business!

  • libra

    own fault. If only they had postponed the voting until after the elections, instead of trying to politicize it/capitalize on it. I’m sure Republicans would have been willing to discuss the issue once they profited from their “Do Nothing Democrats” campaign… :^)

  • LittleDavid

    I wish to educate some of you about an important point of contention.  It is the new 1099 issuing requirement contained in the health care bill.

    First, I understand the motivation behind the requirement, however I think it places an unreasonable burden on small businesses like mine.  Personally I think the proposed Democratic amendment was more reasonable then the Republican proposal but neither passed.  One way or another this tremendous burden on small businesses needs to be corrected or you are going to have numerous small business voters upset.

    If Republicans continue to hold hostage correction of this problem, I am willing to bite the bullet, however I think I am more willing to forgive then most small business owners I have brushed sides with.