Obama, Congress Set Year-End Priorities

Ad Feedback

President Obama welcomed congressional leaders from both parties to the White House Tuesday to discuss legislative priorities for the rest of the year.

Help for small businesses is one of several items on the agenda.

"This is how we create jobs, by investing in the innovators and entrepreneurs that have always driven our prosperity," Obama said. "These are the kind of common sense steps that folks from both parties have supported in the past."

The administration proposal eliminates some capital gains taxes on investments, and creates a fund to help small banks to make loans.

Republicans say they've been trying to help small businesses all along. But they blame democrats for putting other reforms ahead of helping small businesses, such as overhauling regulation rules for Wall Street.

Log in or create an account to post a comment.  


Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

CBN News


CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.