Obama Signs Small-Business Bill Into Law

Posted September 27, 2010 at 2:06pm

President Barack Obama signed small-business jobs legislation into law on Monday and took a final shot at Republicans for holding up the measure, which was designed to cut taxes and boost lending for small businesses.

“I regret that this was blocked for months by the Republican minority in the Senate. And that needlessly delayed this relief,” Obama said during a signing ceremony at the White House. He was joined by Sens. Carl Levin (D-Mich.) and Maria Cantwell (D-Wash.), and Reps. Melissa Bean (D-Ill.) and Al Green (D-Texas).

The president specifically thanked the two Republican Senators “who bucked this partisanship” to help pass the bill, which cleared 61-38. GOP Sens. George Voinovich (Ohio) and George LeMieux (Fla.) joined all Senate Democrats in voting for the measure. Sen. David Vitter (R-La.) did not vote.