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GOP Sen. Voinovich to Support $30 Billion Package to Help Small Business

Retiring Sen. George Voinovich (R-Ohio) said he plans to help push a package of small-business incentives through the Senate this week, providing the 60th vote...
September 14, 2010

Retiring Sen. George Voinovich (R-Ohio) said he plans to help push a package of small-business incentives through the Senate this week, providing the 60th vote to overcome a filibuster.

The package of tax breaks and other incentives includes a new loan fund that would encourage community banks to provide up to $30 billion to small businesses, improving access to credit - a problem hurting businesses owners in Ohio, Voinovich said. He cited the case of a constituent who was turned down for a loan by 42 banks. "I happen to believe these small-business people can't get money to save their souls," he said. "We don't have time for messaging," Voinovich said. "We don't have time anymore. This country is really hurting."

"What I want to do is help our manufacturers and small businesses in the state of Ohio who are unable to find money from traditional sources," Voinovich said in an interview with The Columbus Post-Dispatch. "There are some Republicans who, quite frankly, would rather deny the president any kind of victory."

Click here to read "Sen. Voinovich to Back Small Business Incentives" (Washington Post 9/9/10)