Senate Democrats agree to House bill on startups
Reuters - Tue, Mar 13, 2012 6:54 PM EDTWASHINGTON (Reuters) - The Senate, eager to notch an election-year victory by boosting small business growth, is moving toward prompt passage of a measure that overwhelmingly passed the House of Representatives last week. Senate Majority Leader Harry Reid, a Democrat, said on Tuesday he would avoid a prolonged debate and accept the legislation that passed the Republican-controlled House by a vote of 390-23 last week. The bill aims to encourage job creation by making it easier for small firms to raise capital. But it is not expected to make a major dent in the high U.S. unemployment rate. ... More »Senate Democrats agree to House bill on startups
