2009 – 2017

Helped Small Businesses Get Back on Track

President Obama used proceeds from the Troubled Asset Relief Program (TARP) to stabilize banks that lend to small businesses, and his Administration established two new small business credit programs—the State Small Business Credit Initiative and the Small Business Lending Fund.

Additionally, his Administration focused on strengthening small businesses by signing into law 18 tax cuts for small businesses, ranging from 100% expensing to the small business health tax credit, to the temporary tax exclusion of capital gains from key small business investments.

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