You're watching...
Republicans come out with a new plan that they say will help small companies--and the Obama administration may be on board.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Surrounded by entrepreneurs house Republicans announced -- new package of proposals to help small company.
And the -- -- administration signaled.
It could support it.
Republicans call -- the jobs act -- jump start our business start up.
It is a compilation of bills.
That have some of which have been voted on the floor of the house with heavy bipartisan support.
These are bills which also reflect the work of the president's jobs council.
The package includes measures that would allow small firms to raise capital by going public more easily and at lower cost.
Another provision would lift -- ban on entrepreneurs from soliciting investors through advertising.
And there's a provision to allow more private investors up to 2000 of them to investing community banks without SEC registration.
-- White House welcomed the package.
I think there is great opportunity.
Two.
And great overlap in.
Between this.
The administration's position on some of these issues especially with regards to small businesses conventional wisdom holds that we can't actually accomplish things that but the administration -- A congress controlled largely by the other party.
Can agree on but that's not true.
House Republicans plan to bring up the jobs -- for a vote on the house floor shortly.
That's it for this edition of the small business report I'm Peter Barnes Fox Business Network.
