What's in the Small Business Bill?

After delay, bill seems poised to become law

Friday, September 17, 2010

President Barack Obama speaks with small business owners during a meeting at the Tastee Sub Shop in Edison, New Jersey President Barack Obama speaks with small business owners during a meeting at the Tastee Sub Shop in Edison, New Jersey (Saul Loeb/AFP/Getty)

The small business bill championed by President Obama and Democratic legislators is — after months of languishing in the Senate — moving through Congress. Expected to be easily passed by the House, the aid package includes $12 billion in tax breaks as well as $30 billion in government-backed loans for small businesses. Proponents estimate it may create as many as 500,000 jobs.

Democrats and the two GOP Senators who joined them for the 61-39 vote say the bill could create thousands of jobs... but how? We take a closer look at the bill with Takeaway Washington correspondent Todd Zwillich. Also, for a view of what small business owners are saying about the bill, we speak to Walt Rowen is the owner of Susquehanna Glass, in Columbia, Pennsylvania. He tells us more about how the bill might affect him.

Guests:

Walt Rowen and Todd Zwillich

Produced by:

Ben Brock Johnson

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