Tags: US | Obama | Economy

Obama to GOP: Stop Blocking Small-Business Bill

Thursday, 19 Aug 2010 02:08 PM

President Barack Obama is urging Republican congressional leaders to stop blocking a bill aimed at helping small businesses hire more people.

Speaking at the White House, Obama said there would be plenty of time for politics but that the bill should not fall victim to partisanship.

His brief remarks Thursday followed more bad economic news. Jobless claims have risen and the Federal Reserve in Philadelphia reports that manufacturing in the mid-Atlantic states has dropped. It is the fourth rise in jobless claims in the past five weeks and reaches the highest level since November.

Obama said that 60 percent of job losses are coming from small businesses, the sector that under a strong economy hires the most workers.

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Economy
President Barack Obama is urging Republican congressional leaders to stop blocking a bill aimed at helping small businesses hire more people.Speaking at the White House, Obama said there would be plenty of time for politics but that the bill should not fall victim to...
US,Obama,Economy
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2010-08-19
Thursday, 19 Aug 2010 02:08 PM
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