Obama urges GOP to let small business bill pass

WASHINGTON - (AP) - President Barack Obama is urging SenateRepublicans to end a standoff on a measure aimed at helping smallbusinesses.

Obama told a Friday news conference that a "partisan minority"is holding up action on a bill that he says would give smallbusinesses the relief they need to hire and grow.

He praised Ohio Republican Sen. George Voinovich for saying thathe wouldn't support the blockade, and for saying that with thecountry hurting, it's no time to play games.

Obama says he "could not agree more."

The bill calls for about $12 billion in tax breaks for smallbusinesses. It also includes a $30 billion fund to encourage banksto lend to small business.

advertisement | advertise on News 12

Trending Video

The Bayonne Board of Education voted Wednesday evening 1 Nearly 300 Bayonne School District employees, including teachers, laid off
Bayonne layoffs 2 Bayonne layoffs
Ruben Mondalto was able to wander away from 3 Toddler wanders away from Sayreville day care
Hackensack residents say that they want to see 4 Residents voice concerns over Teterboro flight paths
Hoboken police two men assaulted a woman and 5 Hoboken police seek ID of robbery suspects

advertisement | advertise on News 12


It's good to know you have Walt Kane Kane in Your Corner

It's good to know you have Walt Kane in your corner.

News 12 takes a look at the hottest Tech Check

Eric Landskroner has a look at the latest gadgets and biggest stories in tech.

News 12 On the Scene

Check out these exclusive videos from New Jersey celebs!

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.