Unpacking the Stimulus Package, Vol. 8 The National Small Business Association’s (NSBA) Mid-Year Economic Report, released today, indicates that small businesses are struggling despite stimulus help, with decreases in three key indicators of a healthy business – revenues, profits and employee size. Despite Small Business Administration’s “ARC” loan program (America’s Capital Recovery) and expanded 7(a) [...]
Unpacking the Stimulus Package, Vol. 7 Treasury Department officials are considering a plan to help small businesses by diverting some of the billions of dollars approved for bank bailouts to small businesses, but stress that “any consideration of this idea is extremely preliminary.” Treasury Secretary Timothy Geithner showed support for the proposal at a White [...]
Unpacking the Stimulus Package, Vol. 6 The stimulus package expanded consumer tax incentives for homeowners who make energy efficient home improvements and for individuals and businesses that purchase or lease hybrid vehicles. These consumer tax benefits, initially introduced in the Energy Policy Act of 2005 (EPACT), have been extended through 2010. In addition, the total [...]
Unpacking the Stimulus Package, Vol. 5 Oneiva, a Seattle-based company that tracks government spending, has launched a website to track all Stimulus Act spending by federal, state and local government agencies. The goal of www.recovery.org is to ensure that small and medium businesses have the same access to RFPs and bids for projects associated with [...]
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