Treasury to Buy SBA Loans

  Government, Politics and the Economy Treasury to Buy SBA Loans The Treasury Department is finalizing its plans for a $15 billion initiative to stimulate SBA lending by using federal bailout money to buy up SBA loans. WashingtonPost.com Global Warming Bill Will Hit Homeowners and Small Business the Hardest A Heritage Foundation analysis of the Waxman-Markey global warming bill predicts the bill will result in sky-high costs averaging $393 billion annually and destroying over a million jobs from 2012 to 2035. Heritage.org Management and Operations [Read Full Article]


The State of Small Business in America

  Government and Economy That State of Small Business in America Last week, CEO of Network Solutions Roy Dunbar hosted a webinar with small business experts Kristina Bouweiri, Anita Campbell, Tom Heath, Kelly Muccio and Surfy Rahman. They discussed the state of small businesses in the US and what SMB owners could do right now to increase sales and here are the insights they shared. SmallBizTrends.com Management and Financial Issues Survey: Small Businesses Turning Away From Green Initiatives According to a Wells Fargo/Gallup Survey, one-third of small business owners say that the recession has changed their plans to make their businesse... [Read Full Article]


House Small Business Chair Wants IRS to do More for Small Business

  Government and Economy House Small Business Chair Wants IRS to do More for Small Business Rep. Nydia Velázquez (D-NY) says the IRS should do more to help small businesses get on top of their taxes including education, payment flexibility, and faster refund processing. USNews.com Bank Bailout to Equity Shares The Obama Administration has determined that they can keep the banking system going without having to ask Congress for more money by turning the debt into common stock in the banks. MSNBC.com [Read Full Article]


New SBA Chief: Help Is On The Way

  Government and Economy Mills: Small Business Aid is Coming During her Senate confirmation hearing, incoming Small Business Administration chief Karen Gordon Mills acknowledged the agency's troubles while maintaining that the SBA's problems are fixable. CNNMoney.com Report: Small Business Job Loss Up According to a new ADP National Employment Report, small companies are shedding jobs as fast, if not faster, than large firms, which is very unusual in recessions. WSJ.com [Read Full Article]


A Very Green Way to Announce Layoffs

Layoffs have been a fact of life for longer than any of us want to recall, striking all sectors of the economy, businesses large and small, but when the Children's Television Workshop, the company behind Sesame Street, announced that it, too, was laying off workers, it was only a matter of time before we saw this:  You know, he's right. It isn't easy being green! [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]


Tax Plan Implications of the Stimulus Package

Government and Economy Nothing of Substance for Small Business in Stimulus The recently passed economic stimulus plan offers very little direct benefit to small businesses, but economists see those companies, rather than the stimulus, as their own cure for what is ailing them. New SBA Chief Intent on Making Change You Can Believe In Karen Gordon Mills, President Obama's new Small Business Administration head, will bring with her a financier's background and extensive hands-on experience as a small business advocate. Meet Mills and learn why she just might be the right person for the job. [Read Full Article]


Stimulus Plan Lacks Support in Senate, Obama Foresees Catastrophe if it Fails

Government and Economy Senate: Insufficient Votes on Stimulus BillSenate Democrats concede that they lack the votes they need to pass the stimulus bill as currently written. They say that they will seek to cut provisions that would not immediately boost the economy in order to gain the additional support they need. Obama: Failure to Pass the Stimulus Bill Would be “Catastrophic” With Republicans working to reduce President Obama's ballooning economic stimulus plan, the President warned of “a catastrophe” if the bill is not passed quickly. [Read Full Article]