The Obama Rescue Plan Update

Government and Economy The Obama Rescue Plan President-elect Obama's economic stimulus plan is still coming together, but the goals are clear: To spur the economy and create jobs by spending hundreds of billions of dollars on infrastructure, state budget relief, safety nets for the needy and tax cuts. Here is where things stand. Business Groups File Suit to Block E-Verify Business groups, including the US Chamber of Commerce, have filed a federal lawsuit to block a new rule requiring federal contractors to use the E-Verify system to check their employees’ eligibility to work in the US. The law is scheduled to go into effect Jan. 15. [Read Full Article]


SBA Expands Emerging 200 Initiative, New Labor Secretary to Hit The Ground Running

Government and Economy SBA Expands Emerging 200 Initiative to 15 Cities as First Group of Executives Complete Innovative New Program The U.S. Small Business Administration’s innovative Emerging 200 initiative will be expanded in the spring of 2009 to include five new cities – Detroit, Dallas, Denver, Jacksonville, and Portland, Ore. – SBA Acting Administrator Sandy K. Baruah announced today. New Action by Treasury and Federal Reserve Will Support Small Business Lending Late last week, the Treasury Department and the Federal Reserve announced important details on how the Term Asset-Backed Securities Loan Facility (TALF) wi... [Read Full Article]