WASHINGTON (AP) — Seeking cooperation in a polarized climate, President Barack Obama on Tuesday urged Congress to act quickly on bipartisan measures that would extend tax breaks for small businesses and help startup companies raise money. He said he would sign the legislation "right away."
Obama plans to include in his 2013 budget proposal later this month a series of business measures that have been percolating in Congress or that already have passed the Republican-controlled House to give entrepreneurs incentives to expand their businesses or start new ones.
Obama made his remarks during a Cabinet meeting at the White House. He noted that for the first time, the head of the Small Business Administration, Karen Mills, was participating as a full member of the Cabinet.
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