Republicans Block Bill to Aid Small Business

1 Star2 Stars3 Stars4 Stars5 Stars
Loading ... Loading ...

Senate Republicans on Thursday rejected a bill to aid small businesses with expanded loan programs and tax breaks, in a procedural blockade that underscored how fiercely determined the party’s leaders are to deny Democrats any further legislative accomplishments ahead of November’s midterm elections, The New York Times’s David M. Herszenhorn reported.

The measure, championed by Senator Mary L. Landrieu, Democrat of Louisiana, had the backing of some of the Republican Party’s most reliable business allies, including the United States Chamber of Commerce and the National Federation of Independent Business. Several Republican lawmakers also helped write it.

But Republican leaders filibustered after fighting for days with Democrats over the number of amendments they would be able to offer. A last-ditch offer by Democrats to allow three was refused by the Republican leader, Mitch McConnell of Kentucky.

“The majority leader has graciously given us three amendments and what I’m saying is three amendments is not enough; he knows that,” Mr. McConnell said on the Senate floor. “We are not expecting to have an unlimited number of amendments, but three amendments will not suffice.”

Continue Reading at NYTimes.com.

You might also like

Senate OK’s tax breaks for small businesses
Senate Democrats, bolstered by the support of two retiring Republicans, beat back a filibuster yesterday...
Obama promises new jobs aid
Under pressure to revive the faltering recovery, President Obama said Monday that he and his economic...
Republicans launch swift attack on Obama’s climate agenda
The newly empowered Republicans tabled three separate bills, all of which aim to thwart efforts by the...
GOP senators: President Obama stiffs us
In this week’s closed-door session with Senate Republicans, President Barack Obama told Sen. John Barrasso...

Comments


Spam protection by WP Captcha-Free

Advertisement