Lawmakers passed up a golden opportunity recently to shake the recession’s effects and put American small businesses back on the hiring track. Congress has a lot more work to do this summer if they plan to support entrepreneurship. Small businesses across the nation are poised for growth, and now is the time to facilitate their expansion by passing smart jobs legislation and helping them access capital.
Unfortunately, legislators failed on the first of these counts Tuesday when lawmakers in the Senate blocked the Small Business Jobs and Tax Relief Act. The bill would have done two things to help small businesses boost their bottom lines and hire.