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DC Report: Obama Continues Campaign for Jobs Bill
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FBN’s Peter Barnes on the president’s latest push to gain support for his jobs bill.
- Duration 1:27
- Date Nov 25, 2011
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FBN’s Peter Barnes on the president’s latest push to gain support for his jobs bill.
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President Obama went to New Hampshire to campaign.
For its 450 billion -- jobs bill.
Which he says will help small companies and job creation.
American Jobs -- would also cut payroll tax cut for small business owners.
Say you have fifty employees making 50000 dollars apiece.
You've got a tax cut nearly 80000 dollars that is real money that you can use to hire new workers.
-- -- -- The president's latest push came as a major small business trade association the National Federation of Independent Business released a new study on job creation.
It found 72% of entrepreneurs would like to expand by adding more employees over the next five years.
But 61%.
Of them said -- certainty was impeding their growth.
61% also said finding skilled workers was a problem 41%.
Said lack of financing -- expansion plan.
40% said regulation or legal issues were challenged and 15% said lack of strong management was hurting their expansion plans.
That's it for this edition of the small business report.
I'm Peter Barnes Fox Business Network.