Bailout money may aid small business
WASHINGTON (AP) — The Obama administration is considering using money from the $700 billion financial bailout fund to provide further assistance to the nation's struggling small businesses, in a continuing attempt to find a way to make up for clogged credit.
Officials said Friday that no plan had emerged, although small business has been a subject of staff-level talks in Obama's economic team.
But the officials stressed that the plans underscore that the White House and Treasury Departments, together with the Small Business Administration, are aware of the problems confronting Main-Street America.
Two officials spoke on condition of anonymity because they were discussing internal administration deliberations in which no decisions have yet been announced.
One idea under consideration is using a program that helps banks lend to small businesses at low rates.
Recent comments
Just the federal money Sen. Bennett got to construct a new court...
Anonymous | July 11, 2009 at 11:33 p.m.
Seriously, when I drive around small towns and cities, I see more...
What small businesses??? | July 11, 2009 at 11:06 p.m.
- Dixie campus briefs 1:10 a.m.
- Westminster campus briefs 1:09 a.m.
- UVU campus briefs 1:07 a.m.
- Utah Utes campus briefs 1:07 a.m.
- Visit to paradise nightmarish for Ags 12:32 a.m.
- Utes struggling to shake starts 12:31 a.m.
- Cougars' execution flawless 12:30 a.m.
- Utah Jazz fall apart against Kings 12:17 a.m.
- 3A football: Tigers pull away 12:12 a.m.
- Editorial: 'Immigrant' children needy 12:12 a.m.
- Gay advocates trek to LDS office
207 - Dirk does dirty work in Dallas
190 - Lobo suspended
171 - Speed has never been BYU's game
136 - Cougars crush hapless Cowboys
128 - House passes health care bill
111 - RSL rallies to advance
102 - Prep football: San Juan vs. S. Sevier
102 - Thousands protest health bill
100 - Provo company innovating engines
98
Nothing proposed would keep young adults from learning of the reality of sex,...
the only "decent" team we played we lost to? I guess that Air Force isn't a...
I am watching the game again, and it is awesome!!!
I can't help but laugh inside when I read comments from YBU/TCU fans who...
(from the independant) I like Dennis Miller.... and Bill Maher, although I...
As a BYU alumnus, I can't justify to myself ever donating another dollar to...
Not a chance. Don't get me wrong they are both studs, but if Asiata wasn't...
Titan Fan, sorry that some of your best players got hurt. I hope they...
So sad how fear based so many are.
Will the Jazz even make the playoffs this year. The way they are playing it...

