Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 5 · column 3 of 7 · from the scan, no model involved
have told me, for instance, that the credit crunch has limited their ability to hire seasonal employees for the upcoming holidays.
Late last month, President Obama announced new initiatives to spur lending to small businesses, including higher caps on loans guaranteed by the Small Business Administration. This is a good first step. However, I believe we can and should do more to help responsible, creditworthy small and midsize businesses access the credit they need — in many cases, so they can maintain payrolls and inventories.
That’s why I have put forward a sensible proposal that would reallocate a portion of the unused funds in the Troubled Asset Relief Program, or TARP, combined with the resources of regional and community-based banks, to create up to a $50 billion small business loan fund.
On Oct. 21,1 sent a letter to President Obama signed by 32 of my Senate colleagues — onethird of the entire Senate — urging the White House to consider this proposal, and we continue to have meaningful and productive conversations with
88.6%