Small Business Credit Measure Clears Senate Hurdle - Spokane, North Idaho News & Weather KHQ.com

Small Business Credit Measure Clears Senate Hurdle

WASHINGTON (AP) - The Senate has advanced a bill to create a $30 billion government fund to help open lending for credit-starved small businesses, handing President Barack Obama a long-sought victory.

Democrats beat back a GOP filibuster of the measure with crucial help from Ohio Republican Sen. George Voinovich. The 61-37 tally sets the stage for a final vote later this week to return the
measure to the House, which is likely to approve it for Obama's signature.

The new fund would help community banks increase lending to small businesses hurt by the recession and the 2008 Wall Street crisis. The bill would also provide about $12 billion in tax breaks over a decade to both large and small businesses.
      

 (Copyright 2010 by The Associated Press.  All Rights Reserved.)
   

  • Most Popular StoriesMost Popular StoriesMore>>

  • Seahawks legend Cortez Kennedy dies at 48

    Tuesday, May 23 2017 1:20 PM EDT2017-05-23 17:20:37 GMT

    KHQ.COM - Seattle Seahawks legend and NFL Hall of Famer, Cortez Kennedy, is dead at the age of 48. TMZ Sports says they confirmed the news with the Orlando Police Department who say "there is nothing suspicious" about his death. The cause of his death is still unknown. Cortez played his entire eleven-season career with the Seattle Seahawks from 1990 - 2001.

    >>

    KHQ.COM - Seattle Seahawks legend and NFL Hall of Famer, Cortez Kennedy, is dead at the age of 48. TMZ Sports says they confirmed the news with the Orlando Police Department who say "there is nothing suspicious" about his death. The cause of his death is still unknown. Cortez played his entire eleven-season career with the Seattle Seahawks from 1990 - 2001.

    >>
  • Spokane Police say missing 10-year-old boy found safe

    Spokane Police say missing 10-year-old boy found safe

    Tuesday, May 23 2017 1:18 PM EDT2017-05-23 17:18:54 GMT

    SPOKANE, Wash. - Update: Spokane Police say 10-year-old Jeremy Clough has been found and is safe as of 11:18 p.m. Monday night. 

    >>

    SPOKANE, Wash. - Update: Spokane Police say 10-year-old Jeremy Clough has been found and is safe as of 11:18 p.m. Monday night. 

    >>
  • Suspect arrested in connection with deadly Manchester bombing

    Suspect arrested in connection with deadly Manchester bombing

    Tuesday, May 23 2017 11:54 AM EDT2017-05-23 15:54:46 GMT

    MANCHESTER, England (AP) - Greater Manchester Police say they have arrested a 23-year-old man in connection with the apparent suicide bombing at an Ariana Grande concert in the city. Police say the man was arrested in south Manchester Tuesday, a day after the explosion killed 22 people and injured 59, many of them teenagers. They did not provide details.

    >>

    MANCHESTER, England (AP) - Greater Manchester Police say they have arrested a 23-year-old man in connection with the apparent suicide bombing at an Ariana Grande concert in the city. Police say the man was arrested in south Manchester Tuesday, a day after the explosion killed 22 people and injured 59, many of them teenagers. They did not provide details.

    >>
HD DOPPLER 6i
/