By Jonathan Alter; Bloomberg Business Week
We all know that small business is the engine of the U.S. economy. It accounts for almost two- thirds of all jobs created in the past decade.
But nowadays small business is recovering more slowly than big business. While capital spending at small firms is up, according to a PNC Bank survey, 60 percent of small-business owners are delaying… Read more »
By Ken Amaro; First Coast News
Alex Bryant owns Weld Direct Corporation and was counting on a new federal tax credit to ease his ever-rising health insurance costs.
But Bryant said while he thought the 35 percent tax credit would help, when he started investigating the benefits, the results surprised him.
Bryant employs 17 workers at an average salary of $41,000 a year; he spends a… Read more »
By Elizabeth Williamson; Wall Street Journal
President Obama plans a government-wide review of federal regulations, aiming to eliminate rules that stymie economic growth. Jerry Seib has details. Plus, what is Apple's succession plan?
In an article published in the opinion pages of The Wall Street Journal, Mr. Obama said he intends to issue an executive order initiating a review to… Read more »
By Brian Riedl; Washington Times
Federal spending has expanded by $726 billion over the past three years, and now exceeds $30,000 per household. Yet if history is any guide, lawmakers looking to rein in spending and deficits will hear the following four fallacious objections:
Myth 1: Large entitlements cannot be reformed.
Stale conventional wisdom has long held that the public will… Read more »
By Hanns Kuttner; National Review Online
Freshman Rep. Mick Mulvaney (R., S.C.) made a good point in the House debate on H.R. 2, the Repeal the Job-Killing Health Care Law Act. Responding to Rep. Nydia Velazquez, last year’s chair of the House Small Business Committee, Mulvaney pointed out the tough spot in which congressional Democrats find themselves. They have contradictory… Read more »
“…78 percent of small businesses believe that taxation, regulation and legislation from Washington make it harder for businesses to hire more employees — and 74 percent blame the recent health care reforms passed by the Obama administration for creating an impediment to job creation.”
… Read more »
“…78 percent of small businesses believe that taxation, regulation and legislation from Washington make it harder for businesses to hire more employees — and 74 percent blame the recent health care reforms passed by the Obama administration for creating an impediment to job creation.”
… Read more »
By Jeffrey Leonard; Washington Monthly
History shows that small businesses are a key component of national recovery in economic downtimes. But in today’s sputtering job market, these traditional engines of growth and employment are limping along at best. Many small firms are handicapped by a new twist on an old parasitic business practice that large corporations are using in the wake… Read more »
By Pete Kasperowicz; The Hill
Republicans signaled Wednesday that repealing a controversial tax provision in the healthcare law is one of their most pressing priorities.
House Republicans have re-numbered the bill repealing the tax requirement as H.R. 4, signaling it will be one of their first pieces of business.
The bill would repeal language requiring companies, starting in 2012,… Read more »
