House passes startup bill

House passes startup bill

The House passed a bipartisan bill to help startups and small businesses gain capital.

Republicans praised what they referred to as the JOBS Act, insisting that President Barack Obama's support for it shows they can work with him in the nation's interest. "It is a welcome sign that we can put our differences aside and work together to produce results to help boost the economy and get people back to work," House Majority Leader Eric Cantor, R-Va., said.
Democrats, while saying the legislation deserved a yes vote, said the measure was a modest effort by Republicans to prove they can accomplish something in an otherwise do-nothing Congress.

Read more at KGW.

{biztweet}jobs act{/biztweet}