Obama: Big Banks Must Help Small Businesses
In this weekend's YouTube address, President Obama talked about his administration's commitment to small businesses -- and called on large banks that have been helped by the bailout to do their part:
"But while credit may be more available for large businesses, too many small business owners are still struggling to get the credit they need," said Obama. "These are the very taxpayers who stood by America's banks in a crisis - and now it's time for our banks to stand by creditworthy small businesses, and make the loans they need to open their doors, grow their operations, and create new jobs. It's time for those banks to fulfill their responsibility to help ensure a wider recovery, a more secure system, and more broadly shared prosperity. And we're going to take every appropriate step to encourage them to meet those responsibilities."
Johanns Denounces 'Shameful' Health Care Deals
In this weekend's Republican address, Sen. Mike Johanns (R-NE) went after the Democrats on health care:
"We're about to significantly alter one-sixth of our economy -- now is not the time to shut Americans out," said Johanns. "Reports of this deal-making are shameful. Why do Michigan, Rhode Island, Oregon and Nevada get special deals on Medicaid costs? Why do New Yorkers with Cadillac plans get a pass on paying the tax? It is shameful. So now, as a select few deliberate over legislation that will mean higher premiums across the board; higher taxes for hard-working families; and cuts to Medicare for senior citizens; I ask: will this improve your life?"
Read more »
No comments:
Post a Comment