MARSHALL DECRIES WASHINGTON AS SMALL BUSINESSES STARVE FOR CREDIT, GROWTH SPUTTERS AND SENATORS TAKE A VACATION
As a report by the Department of Labor showed 131,000 jobs lost in July, U.S. Senate candidate Elaine Marshall took a broken Washington to task Sunday for going on vacation and returning to districts to campaign without coming to the aid of small businesses, the engine of economic growth. The last attempt to provide tax breaks and increase lending to small businesses fell one vote short of passage July 29, when Senator Burr joined Republicans to block an up-or-down vote on the popular Small Business Jobs bill.
"This is a perfect example of what's wrong with Washington. We're losing jobs and they're going on vacation without finishing theirs," said Marshall. "They should get their priorities straight and stay until they get the tax breaks and increased lending to small businesses, so we can start putting people back to work."
Several Republican lawmakers helped write the Small Business Jobs bill, which was backed locally and at the state level by traditional Republican Party allies like the National Federation of Independent Business, the United States Chamber of Commerce, the NC Bankers Association, and the SC Small Business Chamber.
Newspapers, economists and editorial pages like the Charlotte Observer have blamed "partisan wrangling [for] preventing regular folks from getting help they badly need."
According to the Charlotte Observer: "The legislation stalled primarily because Republicans united against voting for something that Democrats could boast about back home. Many Republicans have said the bill is good for America, but not one broke ranks and voted for it.[ .] If just one Republican - say, Sen. Richard Burr of North Carolina - had voted in favor, small businesses would receive a major boost when they need it most."