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Small Business Report: 5/20
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President Obama pushes congress to act on 'To Do' list
- Duration 1:21
- Date May 20, 2012
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President Obama pushes congress to act on 'To Do' list
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President Obama stopped by a popular Washington DC sandwich shop to pick up lunch for congressional leaders meeting -- at the White House later in the day.
He stuck around for a roundtable discussion with small company owners telling them that loans from the Small Business Administration can help start -- It's not -- Make up for.
Bad service or that product but we've got a great service are great product and people won't work really hard and action by government and the SBA can help give them a hand up.
And get them started.
He pushed congress to act on his election year to do list asking lawmakers to approve a 10% tax credit for new jobs at a 20% tax credit for overseas jobs the companies return to the US and to extend a 100% expensing or -- plant and equipment purchased.
House Republicans criticize the president saying his policies such as it Health Care Reform law have burden small companies not help them.
They urged the senate to pass their small business legislation about two dozen bills and happy national small business week this week from all of us.
At Fox Business that's it for this edition of the small business report I'm Peter Barnes Fox Business Network.