Weekly Address: Working with Small Business to Drive Recovery

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Run time: 04:26 https://www.youtube.com/watch?v=GucuzYVBlyY   Posted on YouTube: October 23, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: October 24, 2009 By DU Member: cal04 Views on DU: 245

 
In this week’s address, President Barack Obama spoke of how important small businesses are to the economy and described the steps his administration is taking to support them. Health insurance reform will allow small business to purchase insurance for their employees through exchanges, which will increase the quality of coverage while lowering the costs, and reform will provide tax credits to those businesses. To free up credit, the President called on Congress to increase the size of various SBA loans, and he announced that the administration will be making more credit available to the small local and community banks that many small businesses depend on.

http://www.whitehouse.gov/the_press_office/Weekly-Address-President-Obama-Says-Small-Business-Must-be-at-the-Forefront-of-the-Recovery/