New York (CNNMoney.com) - As mom-and-pop businesses struggle to make ends meet, the latest attempt to help them has gotten mired in Washington politics.
The debate began in October, when President Obama started pushing ways to get cheap capital to small businesses. It continued after his State of the Union address, in which he touted the proposal.
But that didn't go anywhere because of stiff congressional opposition to using money from the TARP bank bailout fund.
Now nearly two months after the administration proposed a new multibillion dollar package of loans and tax credits - with its ties to TARP stripped out - the effort to help small businesses has hit a wall.