Tags: obama | small business | economy

Obama: GOP Blocking Small Business Bill

Monday, 30 Aug 2010 01:40 PM

President Barack Obama says Congress should make passing a long-languishing aid package to small business its first order of business when it gets back from summer vacation.

He said in remarks in the Rose Garden Monday that he'll also have other specific ideas on the nation's teetering economy in the days and weeks ahead.

But he also said that action on the package of small business tax cuts and credit incentives is "one thing we know that we should do" as soon as possible. Republicans have been blocking the bill, calling it misguided. Obama said: "I ask Senate Republicans to drop the blockade."

Obama's remarks came after he met with economic advisers.

In a week likely to be dominated by foreign policy, Obama is trying to show he's still minding the economy after his 10-day vacation in Martha's Vineyard. A string of weak economic reports in recent weeks has fed fears that the economy would fall back into recession.


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President Barack Obama says Congress should make passing a long-languishing aid package to small business its first order of business when it gets back from summer vacation. He said in remarks in the Rose Garden Monday that he'll also have other specific ideas on the...
obama,small business,economy
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2010-40-30
 

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