Monday, September 27, 2010
Small Business bill becomes law
This is the developing story that we have been tracking, from Senate to Congress to the desk of President Obama. He signed the bill into law today, giving $42 billion to small businesses, and hopefully, creating jobs- an estimate of 500,000 jobs could be created.
Subscribe to:
Post Comments (Atom)
2 comments:
It seems like a good idea but I am a bit skeptical about how it will work out in the end. How will they assure that the money gets allotted properly. IN class today we learned that the Fed had been expanding the monetary system without seeing the effects that it was hoping for...what makes this different?
giving money to these businesses is a good idea for sure. Hopefully taxes don't go up though, that could then end up defeating the purpose a bit. I wonder how they are going to distribute the money, but overall I like the idea..
Post a Comment