Small business bill

The Senate this afternoon passed the small business lending bill that president obama had made such a fuss about in the last month. According to the AP, the bill will free up funds for small businesses mostly by cutting taxes and also making some credit more available. Well Hooray! Of course, if you read through the full article of congratulations on how wonderful this bill will be for small business, you evenetually get to this nugget: "the bulk of the tax cuts would actually go to big companies to allow them to more quickly recover the costs of capital improvements through depreciation." So once again, the Democrats pass a bill that they say does one thing but which really does another. And that is according to the AP which acts as if it is a wholly owned subsidiary of the Democratic party.