saveliberty
Diamond Member
- Oct 12, 2009
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WASHINGTON--Overcoming months of gridlock, the Senate approved a small business bill on Thursday that hands President Obama an election-year victory but shows just how difficult it has become for lawmakers to agree on the best way to help the sluggish economy and create jobs.
The measure passed by a 61-38 vote, with just two Republicans crossing party lines to support the bill, which would create a $30 billion small business lending fund and provide $12 billion tax breaks to help companies invest and hire. The bill now heads to the House where it is expected to swiftly pass.
Democrats estimate the legislation could create 500,000 jobs.
Senate Approves Small Business Bill - chicagotribune.com
$60,000 per job. Any guesses how much the jobs actually pay?
By comparision:
More than 100,000 Bangladeshis, half of them women, will benefit from a new $57.8 million fund that helps small businesses.
The borrowers - whose businesses are crucial for the growth of the rural economy - are also expected to create some 200,000 jobs for extremely poor people.
Read more: Loans For Small Business To Create 200,000 Jobs In Bangladesh | AHN
Read more: Loans For Small Business To Create 200,000 Jobs In Bangladesh | AHN
The measure passed by a 61-38 vote, with just two Republicans crossing party lines to support the bill, which would create a $30 billion small business lending fund and provide $12 billion tax breaks to help companies invest and hire. The bill now heads to the House where it is expected to swiftly pass.
Democrats estimate the legislation could create 500,000 jobs.
Senate Approves Small Business Bill - chicagotribune.com
$60,000 per job. Any guesses how much the jobs actually pay?
By comparision:
More than 100,000 Bangladeshis, half of them women, will benefit from a new $57.8 million fund that helps small businesses.
The borrowers - whose businesses are crucial for the growth of the rural economy - are also expected to create some 200,000 jobs for extremely poor people.
Read more: Loans For Small Business To Create 200,000 Jobs In Bangladesh | AHN
Read more: Loans For Small Business To Create 200,000 Jobs In Bangladesh | AHN