Economy

August 5, 2010

Small business bill appears to be stuck in Senate

The U.S. Senate might leave town this week without finishing up what Democrats had hoped would be a significant political achievement before the August recess: passing a multibillion-dollar swath of programs to help struggling small businesses. On its face, the legislation would pour billions into a slate of programs to help small business obtain federal microloans, government contracts and export assistance. But the bill also is part of the political wrangling that's going on in Washington ahead of fall's midterm elections.

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