Democrats, Small Business | featured news

President Barack Obama sent Congress today a package of small business measures he said would expand tax relief and unlock capital to boost the economy and create jobs.

The measure's passage ends months of partisan delay. The wait for action was agonizing for small-business owners, many of whom have been seeking loans for months in the tight credit market. Ending months of partisan delay, the House gave final passage Thursday to a small-business tax and lending assistance bill, handing Democrats a legislative victory on the economic issues central to the midterm elections.