Obama Proposes Small Business Rescue Plan
Barack Obama today proposed a plan of tax cuts and loans for small businesses hurt by the current credit crisis, a temporary program he said is needed to help Main Street and complement what has already been done for Wall Street. In The Trail, a daily diary of campaign 2008 on washingtonpost.com, Robert Barnes writes that the Democratic presidential nominee told a courthouse crowd that the program would be a way of “extending our hand to the shops and restaurants, the start-ups and small firms that create jobs and make our economy grow. Main Street needs relief and you need it now.” Obama said the $5 billion Small Business Rescue Plan would be similar to one implemented after the terrorist attacks of Sept. 11, 2001, and would be run through the Small Business Administration.
Read more at Small Business at washingtonpost.com
