Last year,the steps we took supported over 47,000 loans to small businesses and delivered billions in tax relief to small business owners,which helped companies keep their doors open,make payroll,and hire workers.But we can and must do more.That's why I've proposed a series of steps this week to support small business owners and the jobs they create-to provide more access to credit,more incentives to hire,and more opportunities to grow and sell products all over the world. Because financing remains difficult for good,credit-worthy small businesses across the country,I've proposed that we take $30 billion from the TARP fund originally used for Wall Street and create a new Small Business Lending Fund that will provide capital for community banks on Main Street.These are the small,local banks that will be able to give our small business owners more of the credit they need to stay afloat.We should also continue to waive fees,increase guarantees,and expand the size of SBA-backed loans for small businesses.And yesterday,I proposed making it easier for small business owners to refinance their mortgages during these tough times. To give these companies greater incentives to grow and create jobs,I've proposed a new tax credit for more than one million small businesses that hire new workers or raise wages,as well as the elimination of all capital gains taxes on small business investment. Finally,we should provide targeted support to the most innovative small businesses-the ones with the greatest potential to export new goods and products all over the world.A lot of these companies-like the wind turbine manufacturer I mentioned-are the foundation on which we can rebuild our economy to compete in the 21st century.They just need a little help securing the financing they need to get off the ground.We have every incentive to help them do that. Next week,Congress will start debating many of these proposals.And if anyone has additional ideas to support small businesses and create jobs,I'm happy to consider them.My door is always open.But I urge members of both parties:do not oppose good ideas just because it's good politics to do so.The proposals I've outlined are not Democratic or Republican;liberal or conservative.They are pro-business,they are pro- growth,and they are pro-job.Leaders in both parties have supported similar ideas in the past.So let's come together and pass these measures without delay.Let's put more Americans back to work,and let's give our small business owners the support to do what they've always done:the freedom to pursue their dreams and build our country's future.Thanks for listening.Last year, the steps we took supported over 47,000 loans to small businesses and delivered billions in tax relief to small business owners, which helped companies keep their doors open, make payroll, and hire workers. But we can and must do more. That’s why I’ve proposed a series of steps this week to support small business owners and the jobs they create – to provide more access to credit, more incentives to hire, and more opportunities to grow and sell products all over the world. Because financing remains difficult for good, credit-worthy small businesses across the country, I’ve proposed that we take $30 billion from the TARP fund originally used for Wall Street and create a new Small Business Lending Fund that will provide capital for community banks on Main Street. These are the small, local banks that will be able to give our small business owners more of the credit they need to stay afloat. We should also continue to waive fees, increase guarantees, and expand the size of SBA-backed loans for small businesses. And yesterday, I proposed making it easier for small business owners to refinance their mortgages during these tough times. To give these companies greater incentives to grow and create jobs, I’ve proposed a new tax credit for more than one million small businesses that hire new workers or raise wages, as well as the elimination of all capital gains taxes on small business investment. Finally, we should provide targeted support to the most innovative small businesses – the ones with the greatest potential to export new goods and products all over the world. A lot of these companies – like the wind turbine manufacturer I mentioned – are the foundation on which we can rebuild our economy to compete in the 21st century. They just need a little help securing the financing they need to get off the ground. We have every incentive to help them do that. Next week, Congress will start debating many of these proposals. And if anyone has additional ideas to support small businesses and create jobs, I’m happy to consider them. My door is always open. But I urge members of both parties: do not oppose good ideas just because it’s good politics to do so. The proposals I’ve outlined are not Democratic or Republican; liberal or conservative. They are pro-business, they are pro- growth, and they are pro-job. Leaders in both parties have supported similar ideas in the past. So let’s come together and pass these measures without delay. Let’s put more Americans back to work, and let’s give our small business owners the support to do what they’ve always done: the freedom to pursue their dreams and build our country’s future. Thanks for listening