President Barack Obama has unveiled a multi trillion-dollar budget focused on creating jobs and reducing the nation's high unemployment rate. The job focused budget would boost the deficit to a record-breaking $1.56 trillion, an increase of 5.7 percent for the current budget. It is also forecast that spending would rise another 3 percent in 2011 to $3.83 trillion. Much of the spending surge start
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Reports across various media outlets say that, President Obama on Tuesday will announce three proposals intended to turn around the nation’s ailing job market and spur employment growth, including strengthening investments to small businesses who are finding it hard to get loans in tight credit markets, upgrading infrastructure across the nation and promoting home-energy efficiency projects. “Hav
One of President Obama’s biggest campaign promises was to reform health care, and it looks like the first steps towards delivering on that promise are underway with the introduction of a far reaching and very expensive health care reform bill. Many an administration has fallen into the deep abyss of health care reform, but none have had the political capital and forces that support the Obama admi
Tax Breaks in Obama's $15 billion Small Business Plan
Posted 461 days ago (http://feedproxy.google.com)
[Updated Mar 19 with IRS Rulings] There is little doubt that small businesses are the heart of the American economy. They have created roughly 70 percent of new jobs in the last decade, and are the key to reversing current unemployment trends and getting the nation out of recession. With this in mind, President Obama revealed his $15 billion dollar plan to help small businesses all over the count
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