(CNN) - The president of the National Small Business Association on Sunday morning endorsed congressional Democrats' and President Obama's small business jobs bill.
The bill will "will free up a lot of credit for small companies at a very low cost of capital for the government," Todd McCracken told Candy Crowley on CNN's State of the Union.
"Putting money in the pockets of both consumers and small business people so they can take advantage of the opportunities when they come along is crucial," McCracken said.
The bill authorizes the creation of a $30 billion lending fund that would deliver ultra-cheap capital to community banks. It also provides $12 billion in tax relief to small businesses between 2010 and 2020, and $1.5 billion in grants to state lending programs.
Senate Republicans blocked the bill from a vote before Congress' August recess. They oppose the bill because they say it doesn't do enough to encourage small businesses to create jobs.
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/09/05/art.blair.file5.gi.jpg caption ="Tony Blair on Sunday defended the decision in invade Iraq."](CNN) - As the United States ended its combat mission in Iraq, former British Prime Minister Tony Blair, America's biggest ally at the outset of the war, said the decision to invade Iraq was a necessary one.
Sanctions against Saddam Hussein were being "watered down," and if the former Iraqi dictator hadn't been removed, there would've been other consequences, Blair said on ABC's "This Week."
However, Blair, whose memoir "A Journey" was released last week, wasn't without some regrets.
"You can't not have regrets about the lives lost," Blair said. "I mean, you would be inhuman if you didn't regret the death of so many extraordinary, brave and committed soldiers, of civilians that have died in Iraq, or die still now in Afghanistan. And of course you feel an enormous responsibility for that, not just regret."
TOPICS: Economic conditions, possibility of double-dip recession, which party is blamed for economy
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/08/16/art.unemployment.file4.gi.jpg caption ="A new CNN poll indicates a large majority of Americans say the economy is in poor shape."]Washington (CNN) - A new national poll released Sunday indicates that eight in 10 Americans say that the economy is in poor shape, and the number that says conditions are very poor is on the upswing after steady declines through the spring.
And according to a CNN/Opinion Research Corporation survey, more people blame the Republicans over the Democrats for the country's economic problems.
Eighty-one percent of the public rates the county's economic conditions as poor, with 18 percent describing the economy as good.
Forty-four percent of people questioned describe economic conditions as very poor, up seven points from July.
After the jump: Who do Americans say is to blame?