September 16th, 2010
07:57 AM ET
4 years ago

Senate to end debate, vote on small-business aid bill

Washington (CNN) – The Senate is scheduled to vote Thursday on ending a debate on a bill that it says will aid small businesses and result in the creation of 500,000 jobs.

Lawmakers will then vote on its final approval, said Senate Majority Leader Harry Reid, D-Nevada.

According to a summary of the Senate bill, the measure would also authorize the creation of a $30 billion fund run by the Treasury Department that would deliver ultra-cheap capital to banks with less than $10 billion in assets.

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CNN Radio Political Notebook:



Filed under: Economy • issues • Jobs • Senate
soundoff (9 Responses)
  1. Liz the First

    The vote on this bill will clearly show who supports small businesses in this country. the rethugs give a lot of lip service to supporting small business, but their votes tell a far different story. their idea of 'small business' and the average American's idea of small business is totally different. we think of a mom-and-pop operation, and they look at the very top folks in the classification and no further down. it's time for Americans to realze that prosperity doesn't 'trickle down,' like a certain yellow liquid, it grows from the bottom up, like a strong tree. the Democrats are the ones working to feed that tree and make it stronger, and the rethugs are just 'watering' it, if you catch my analogy. ;-)

    September 16, 2010 08:52 am at 8:52 am |
  2. awaitingliberalizationbyCNN

    Oh Maxine Waters will want a piece of that for her husband. The money will probably be frittered away on union executives and stupid left wing causes like the first trillion we gave this inept, incompetent, corrupt union toady and his cast of ghouls and thugs.

    September 16, 2010 08:54 am at 8:54 am |
  3. rdepontb

    Do the right thing, Democrats and Republicans. When parents can't even put food on the table for their kids, it is high time to put aside the rancor and even thoughts of the upcoming midterms.

    Get this jobs bill going, or your conscience will bother you forever.

    September 16, 2010 08:57 am at 8:57 am |
  4. jim

    -– a bill that it says will aid small businesses and result in the creation of 500,000 jobs. --

    Go to the business section in CNN and there is an article how a small business can get an overseas worker for $14 an hour. Sounds great ! Now the small business can be just like big sister – big business, and offshore US jobs and get tax breaks in doing so.

    And we as tax payers are about to help small businesses hire 500,000 $14 hour workers in India and China.

    -- the measure would also authorize the creation of a $30 billion fund run by the Treasury Department that would deliver ultra-cheap capital to banks -–

    Oh, and lets not forget about giving the poor banks more money – as if they really help with anything in America.

    Our government sucks – BIG TIME!

    September 16, 2010 09:15 am at 9:15 am |
  5. lady c

    the dem that don"t vote for this bill. We will vote you out. because that mean you don "t care about our lives.

    September 16, 2010 09:19 am at 9:19 am |
  6. USN

    I;m A small buisness , this won't do crap. Another ob waste of money and time. Gee hire a guy for 20,000 to 30,000 a year for a 5000 tax break .....and buisness still sucks , that is smart thinking ob .

    September 16, 2010 09:22 am at 9:22 am |
  7. Jerry - Florida

    Americans, lets grab onto our wallets and hold them tight. NObama is coming! NObama is coming!

    Thanks to this free-spender (your tax dollars), there will be a third, a fourth, a fifth....... stimulus.

    This "bully-in-Chief" and his lapdogs will try and impress voters just before major elections even if he has to bankrupt our country.

    By the way, I did not know a dog (his words, not mine) had other lapdogs at his command.

    September 16, 2010 09:27 am at 9:27 am |
  8. Rick McDaniel

    All this bill will do, is totally waste another 30 billion dollars.

    September 16, 2010 09:33 am at 9:33 am |
  9. Dutch/Bad Newz, VA

    Get it done!

    September 16, 2010 09:41 am at 9:41 am |