Obama: Republicans holding small businesses “hostage”

Full Story at msnbc.com

WASHINGTON — President Barack Obama on Saturday accused Republicans of holding American small businesses “hostage to politics” after Republican senators refused to back a $30 billion small-business lending package.

Senate Republicans blocked the package on Thursday, dealing a fresh blow to Obama’s efforts to show Americans, in the midst of a tough election year, that his administration is focused on tackling stubbornly high unemployment.

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