(AP) The bill creates a $30 billion government fund to help encourage lending to small businesses, many of which have been having difficulty securing bank loans and credit. The fund will be available to community banks, which could use the money to leverage billions more in loans.
The legislation also includes about $12 billion in tax breaks for small business — eight separate tax cuts that take effect Monday. One such provision increases to $500,000 the amount of investments that businesses would be allowed to write off this year and next.
The measure also gives a boost to some Small Business Administration loan programs.
I am sorry that I punished breast and cleavage compliment givers, taxpayers, alcohol addicts and those addicted to drugs. I am also sorry that I punished harlots for having sexual intercourse for money, caged parents for not sending them to government run prison public schools and for being in general one of the worst presidents in North America since I love criminalizing freedom.
Congratulations Mr. Obama. You’re what is wrong with the world.
I am sorry that I had people wrongfully evicted from their homes for not paying their mortgages so that they would become homeless people having to beg for money just to get foods and drinks.