Document are available for download in PDF format.
Authenticated by the United States Government Printing Office
Entries Tagged as 'Small Business'
Small Business Jobs and Credit Act (111 HR 5297)
May 13th, 2010 · Public Law, Small Business
Tags:
No Comments
Joblessness plan revamps rules on bank bailouts
December 12th, 2009 · Economy, Federal Spending, Government Control, Small Business, Stimulus, Tax Dollars, Unemployment
FOCUS ON SMALL BUSINESS
Executive pay, other limits may be lifted
By David Cho Washington Post Staff Writer
Friday, December 11, 2009
The Obama administration plans to channel money from the government’s massive financial bailout program to small businesses as part of an effort to limit the political and economic damage of high unemployment.
One plan under consideration involves spinning off a new entity from the Troubled Assets Relief Program that would give banks access to federal funds without restrictions, including limits on executive pay, as long as the money was used to support loans to small businesses. But officials are not yet certain whether carving the program out of TARP would be the best way to encourage banks to boost small-business lending, according to sources familiar with the matter who spoke on the condition of anonymity because the plans are not final.
Tags:
No Comments
SBA’s Harrington: Improving the agency’s ability to help small businesses
November 23rd, 2009 · Government, Small Business
From the Partnership for Public Service
Monday, November 23, 2009; 4:46 AM
When President Obama assumed office in January, the Small Business Administration (SBA) faced some substantial economic challenges.
The agency’s budget and staff had been cut significantly in the previous few years, and the number of guaranteed loans had dropped. Productivity and customer service was lagging, and the Best Places to Work in the Federal Government rankings — based on a survey of employee attitudes toward their workplaces — ranked the SBA at the bottom of the large federal agencies.
Tags:
No Comments
Congress passes bill extending unemployment insurance, home buyer tax credit
November 5th, 2009 · Buyers, Congress, Federal Spending, Housing Industry, Legislation, Small Business, Tax Dollars
By Perry Bacon Jr. and Dina El
Congress on Thursday completed final approval of a bill that includes several measures designed to spur the economy and help people who have lost their jobs, representing its latest intervention as the country suffers through its worst recession in decades.
The $24 billion bill, which the White House said President Obama will sign on Friday, would provide unemployment benefits of least 14 weeks for people out of work. Those in the more than two dozen states with unemployment rates above 8.5 percent would receive up to 20 weeks of the benefits. The legislation would also extend through April 30 a $8,000 first-time home buyer tax credit that was passed earlier this year.
Tags:
No Comments
Economy is kick-started, but can it motor ahead?
October 28th, 2009 · Auto Industry, Banking Industry, Economy, Federal Spending, Government, Government Control, Greed, Healthcare, Housing Industry, Money Matters, Obama's Scheme, Small Business, Tax Dollars
By Neil Irwin Washington Post Staff Writer
Wednesday, October 28, 2009
Over the past year, the U.S. government has thrown almost every tool at its disposal toward making the economy grow again. And it has worked, at least for now.
The trillion-dollar question for the economy now is: What will happen when those government supports are gone? While the government has successfully jump-started the U.S. economy, there are emerging signs that its engine still isn’t running very well, and may even sputter out.
The government has deployed about half of $787 billion in spending and tax cuts that were part of its stimulus package. It has executed the “Cash for Clunkers” program that boosted auto sales over the summer, and it has taken a wide range of steps to support the housing market. The Federal Reserve, besides cutting its target interest rate to nearly zero, has committed $1.75 trillion to unconventional programs meant to reduce interest rates.
Tags:
No Comments
Political Uncertainty Puts Freeze on Small Businesses
October 27th, 2009 · Small Business, Unemployment
By GARY FIELDS
W. Michael Brown has scaled back hiring plans in his Virginia auto-parts stores. Carl Redman halted an expansion project at his Oregon contracting business. Bill Hammack is preparing layoffs at his road-construction company in Georgia.
The economy remains unsteady 22 months after the recession began, with banks restricting credit and consumers hunkering down. For these small businesses, and many others across the country, there’s an additional dark cloud: uncertainty created by Washington’s bid to reorganize a wide swath of the U.S. economy.
Tags:
No Comments
House bill would expand health coverage, repeal anti-trust exemption
October 22nd, 2009 · Congress, Corruption, Deception, Ethics, Federal Spending, Government Control, Greed, Healthcare, Money Matters, Selling Out the US, Small Business, Tax Dollars, Taxes, Terrorism from Within
By Lori Montgomery and Shailagh Murray Washington Post Staff Writer
Thursday, October 22, 2009; 1:48 PM
House leaders are closing in on an $871 billion health-care package that would extend insurance to millions of Americans who don’t have it, raise taxes on the nation’s richest families and repeal the insurance industry’s long-standing anti-trust exemption, House Speaker Nancy Pelosi (D-Calif.) said Thursday.
A measure to strip the industry of protection from federal investigations into price-fixing and other business practices won bipartisan approval in a House committee on Wednesday. This morning, Pelosi told reporters that she would include that measure in the health care package Democrats hope to bring before the full House early next month.
Tags:
No Comments
Small firms, home buyers to get a boost
October 20th, 2009 · Federal Spending, Small Business, Tax Dollars, Treasury
More administration efforts on tap to target economic trouble spots
By David ChoTuesday, October 20, 2009
The Obama administration rolled out an initiative Monday to help moderate- and low-income home buyers, launching what sources familiar with the planning said will be a series of proposals aimed at healing two badly wounded areas of the economy: small business and the housing market.
In an effort to encourage homeownership, the Treasury Department announced an initiative to help ailing state and local housing finance agencies provide inexpensive mortgages to underserved borrowers.
Later this week, the administration plans to ask Congress to raise the ceiling on the amount of money companies can receive from the Small Business Administration’s major lending programs, the sources said.
The Treasury is also close to finalizing a proposal to use bailout funds to help community banks lend to small businesses. But a high-level meeting Monday between Treasury and White House officials raised questions about the size and some terms of the program and may have delayed its unveiling, the sources said. The administration is also considering ways to help community-development financial institutions, which can offer credit to small businesses in low-income areas.
Tags: