We've seen efforts to stabilize the economy on several fronts: propping up the 'too big to fail' institutions, injecting money into banks, and offering mortgage help for suffering borrowers.
Now, small businesses get some help. President Obama announced plans today to help small businesses get and keep funding. Small businesses are responsible for most job creation, and they're suffering as banks cut lines of credit and deny new applications.
The Treasury may spend as much as $15 billion to add liquidity to the small business loan market, taking on loans backed by the Small Business Administration (SBA).
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