Economy

xchrom

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29. NEW YEAR MAY BRING MORE SMALL BUSINESS HELP FROM WASHINGTON

Thu Jan 1, 2015, 08:01 AM

Jan 2015

http://hosted.ap.org/dynamic/stories/U/US_SMALLBIZ_SMALL_TALK?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-12-31-13-04-29

NEW YORK (AP) -- Small business owners may get more help from Washington in 2015.

Gridlock in Washington in recent years has stalled tax bills and other legislation aimed at helping small companies, but such proposals are expected to be on the agenda in the Republican-led Congress. Democrats have opposed some proposals because of concerns about the impact of those tax breaks on the federal budget.

Parts of the health care law are likely to be debated. And lawmakers and the Small Business Administration hope to make it easier for companies to borrow.

"Small businesses are looking for government to function and get a lot more done," says John Arensmeyer, CEO of the advocacy group Small Business Majority.

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