Reid Urges Republican Cooperation On Small Business Bill

Senate Majority Leader Harry Reid (D-Nev.) took the release of Friday’s new unemployment data as an opportunity to hammer his Republican colleagues on the importance of passing a small business bill.

“Republicans must stop putting special interests before working Americans and work with us to pass bipartisan measures that will energize small businesses and the middle class, the engine of America’s economy,” Reid said in a statement on July’s jobs report. “I hope that every senator will return to Washington in September ready to pass critical support to boost our nation’s small businesses.”

The Small Business Jobs and Credit Act, which provides a $30 billion fund for community banks to spur lending at the local level, has not yet found 60 supporters in the Senate.