• News
  • Celebrities
  • Finance
  • Crypto
  • Travel
  • Entertainment
  • Health
  • Others

Voinovich a Yes on Small Business, Giving It the Votes For Passage

Sen. George Voinovich (R-Ohio) has decided to vote yes for the small-business bill, a deficit-neutral package of tax breaks that has been held up for months in the Senate. With Voinovich willing to cross the aisle, Democrats have the 60 votes necessary to defeat a Republican filibuster and can move the bill to final passage. The Washington Post reports:

In an interview, Voinovich said he could no longer support Republican efforts to delay the measure in hopes of winning the right to offer additional amendments. Most of the proposed GOP amendments “didn’t have anything to do with the bill” anyway, Voinovich said, and amounted merely to partisan “messaging.”

“We don’t have time for messaging,” Voinovich said. “We don’t have time anymore. This country is really hurting.”

Voinovich said he told Senate Majority Leader Harry Reid (D-Nev.) that, if a single amendment to reduce paperwork for business owners is considered on the floor, he would add his vote to that of the 59 senators who caucus with Democrats. That would give the majority party the 60 votes needed to overcome a possible GOP filibuster and approve the package when Congress returns to Washington next week.

The paid-for $55 billion bill offers $12 billion in tax breaks and creates a $30 billion fund to encourage small banks to lend to small businesses via the Small Business Administration. The Independent Community Bankers of America said the bill would create 500,000 jobs in two years.

Recently, President Barack Obama has hit at Republicans for blocking the legislation, which might create up to $300 billion in loans to small firms. “Simply put: holding this bill hostage is directly detrimental to our economic growth,” he said last month. “I ask Senate Republicans to drop the blockade. I know we’re entering election season. But the people who sent us here expect us to work together to get things done and improve this economy.”

Discussion & Comments (0)

    Recent Articles

    • Things You Should Know about North America

      Things You Should Know about North America

      Get to know more about North America.

    • Eurovision 2010 Paula Seling Unpredictable Contest

      Eurovision 2010 Paula Seling Unpredictable Contest

      Paula Seling's experience on the Eurovision stage led her to declare that "Eurovision is an unpredictable contest". Which may explain the success of the young Lena from Germany, about whom the predictions before the event did not offer much chances for victory.

    • VIPRow.me - The Best Sports Streaming Website Today

      VIPRow.me - The Best Sports Streaming Website Today

      Have you ever contemplated creating a user-friendly site dedicated to sports-related free live streaming channels?

    • Learn How To Download, Install, And Use The Xnxubd 2022 Frame App

      Learn How To Download, Install, And Use The Xnxubd 2022 Frame App

      XNXUBD 2022 Nvidia users are able to watch thousands of videos and other contents online. XNXUBD 2022 Nvidia New is a piece of software that enables people to watch videos online without having to pay for memberships. On a graphics card, the XNXubd also provides some of the best gaming and virtual reality experiences.

    • Xvideostudio Video Editor Apk Free Download For Pc Full Version In 2022

      Xvideostudio Video Editor Apk Free Download For Pc Full Version In 2022

      A new edition of the Video Editor Apk for xVideostudio.Video Studio has all the latest features, including support for multiple video download formats in HD, FHD, and even 4K resolutions.

    • 9 Best Lotion For Masturbation - Popular Choice For 2022

      9 Best Lotion For Masturbation - Popular Choice For 2022

      Masturbation is a common activity for men and women. It's a natural and risk-free way to explore your body, experience pleasure, and release sexual tension.

    • Reasons Why You Need To Stop Watching Movies From Sflix

      Reasons Why You Need To Stop Watching Movies From Sflix

      Without having to sign up or pay anything, you can watch movies online for free with SFlix. It has more than 10,000 movies and television shows.

    • Coi Leray Mom And Dad's Family History & Wife, Explained

      Coi Leray Mom And Dad's Family History & Wife, Explained

      Coi Leray Collins (born May 11, 1997) is a rapper from the United States. Leray started publishing songs to SoundCloud in 2014, and in 2018 she released her breakthrough track "Huddy" as well as her first mixtape, Everythingcoz.

    • Listen And Download Music On MyFreeMP3 For Free

      Listen And Download Music On MyFreeMP3 For Free

      Are you in a bind and looking for a place to obtain free mp3 songs? Never again will you need to bother, since this article has everything necessary to obtain your solution. Download free music from MyfreeMP3.com, one of the world's most popular websites.