Politics

Senate votes $30 Billion in small-business aid

interns Contributor
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The Senate voted on Thursday to include a proposed $30 billion lending program in a package of aid for small businesses, as two Republicans joined with Democrats to support the amendment.

The vote was 60 to 39, with Senators George LeMieux of Florida and George V. Voinovich of Ohio, delivering crucial support despite harsh criticism of the proposal by some of their fellow Republicans who derided it as a “bailout” and a mini version of the Troubled Asset Relief Program, the huge government rescue of the financial system.

Full story: Senate Votes $30 Billion in Small-Business Aid – The Caucus Blog – NYTimes.com