Author: Matt Laslo
Interest: President Obama is asking Congress to pass legislation to help small businesses. The idea is to incentivize hiring new workers by offering businesses a tax credit if they expand their rolls. Instead, the House recently passed a small business bill that provides tax relief to small businesses, but has no incentives for hiring new workers. Rep. Dutch Ruppersberger (D-Md.) supported the House version but says its time the two sides come together and work out their differences.