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Small Business Report: 12/9

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President Obama and Republicans faced off over how to avoid the fiscal cliff and the possible impact on small companies and job creation.

The president wants to let the bush tax cuts expire at the end of this year for families earning more than 250000.

A year.

Which would raise taxes on some small bit.

-- 98%.

Of Americans.

Whose incomes are 250000 dollars a year -- would not see any increases.

97% of small businesses would not see any increase -- income taxes.

But some small business owners met with Republican leaders in the house.

Who say the higher taxes will hurt entrepreneur hours.

Small businesses around are there.

From.

I believe all of us are here to have your backs.

To see -- -- more jobs being created.

Working people in this country.

While entrepreneurs remain concerned about the fiscal cliff.

A new report by -- that -- small businesses are beginning to get more optimistic about the future and so are borrowing more money.

Shane -- small business life.

Rose from a revised 96 point four in September to a 107 point five in October.

Just increasing my.

Signs that small businesses could begin investing more in their companies and hiring more new workers.

That's it for this edition of the small business report I'm Peter Barnes Fox Business Network.