Question:The Senate passed long-delayed legislation Thursday designed to open up credit to small businesses and award them with other incentives to expand and hire new workers.
Democrats won a 61-38 vote to pass the legislation, joined by two Republicans. The measure would establish a $30 billion government fund to help open up lending for credit-starved small businesses, cut their taxes and boost Small Business Administration loan programs.
Where the hell is this money coming from?
Comment:
Responsible business owners do not borrow money in order to hire people. It just doesn't work like that in the real world.
5 comments:
Where does this money come from? A masked man on a unicorn picks it from his magical tree of course...Where were you schooled?
Randy - Silly me - I'm such a dolt sometimes...
Pay no attention to that Senate behind the curtain!
I am apologizing for the passing of this bill. I don't know what other Republican moran voted for this piece of crap but I do know our RINO George Voinovich from Ohio said he would. I hang my head in shame.
Pops
IMHO, this bill has very little to do with small businesses and quite a bit to do with handing more power to--and forging gov't links to--the banking industry, which is what the Obama administration really means when they say "supporting business."
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