Small Business: Cut Payroll Taxes for a Quick Stimulus

  Government, Politics and the Economy Small Business Groups: Cut Payroll Taxes to Help Small Business A plan under consideration by the White House to redirect TARP money from the financial industry to the small-business sector is getting a lukewarm reception from small-business advocacy groups who say that a payroll tax break could bring faster relief to struggling entrepreneurs. WSJ.com CreditSights: CIT May Need as Much as $6 Billion to Avoid Bankruptcy CIT Group Inc., the troubled 101-year-old small business lender, may need as much as $6 billion to avoid bankruptcy after the government refused to give the firm another bailout. Bloomberg.com ... [Read Full Article]


Some Small Business Benefits in the Stimulus

  Government and Economy A Pinch of Stimulus For Small Business There are some small business measures in the stimulus bill, but to find them you will have to look really hard. Forbes.com Senate Confirms Solis as Labor Secretary The Senate has confirmed Rep. Hilda L. Solis (D-CA), as Secretary of Labor, approving her over Republican concerns about her long, pro-union voting record. CQPolitics.com Democrats Boost Domest... [Read Full Article]


The Formula That Brought Down the Economy

  Government and Economy SBA Podcasts Available for Small Business Owners The US Small Business Administration has upgraded its podcasts to offer additional resources to the nation’s entrepreneurs. Business owners can take advantage of this and other business resources from the SBA to help them more effectively manage their firms, including free online training courses and other business tools and resources. SBA.gov A Formula for Disaster If you have been looking for the poisoned seed at the center of the economic nightmare, here it is! Wired.com [Read Full Article]


Mills to Head SBA, Agency Gets More Lender Oversight

Government and Economy Karen G. Mills to Head SBA Venture capitalist Karen Gordon Mills is President-elect Barack Obama's pick to head the Small Business Administration. Kennedy Pushes Healthcare Reform Sen. Edward M. Kennedy, 76, who is battling cancer, has focused his team on developing a comprehensive health care plan and getting it ready for President-elect Barack Obama soon after he takes office. SBA Announces... [Read Full Article]