Author by Andy Sullivan
WASHINGTON (Reuters) – The Senate passed a long-stalled measure on Thursday that would boost lending to small businesses, giving President Barack Obama's Democrats one of their last chances before November elections they are working to revive the sluggish economy.
The 61 to 38 vote sends the measure back to the House of Representatives, which has passed a similar bill and is expected to approve the Senate's version as soon as next week.
With the unemployment rate stuck at 9.6 percent, voters cite jobs and the economy as their top concern and say Obama has not done enough on these issues.
Republicans are poised to rack up big gains in the November 2 elections and could win control of one or both chambers of Congress.
WASHINGTON (Reuters) – The Senate passed a long-stalled measure on Thursday that would boost lending to small businesses, giving President Barack Obama's Democrats one of their last chances before November elections they are working to revive the sluggish economy.
The 61 to 38 vote sends the measure back to the House of Representatives, which has passed a similar bill and is expected to approve the Senate's version as soon as next week.
With the unemployment rate stuck at 9.6 percent, voters cite jobs and the economy as their top concern and say Obama has not done enough on these issues.
Republicans are poised to rack up big gains in the November 2 elections and could win control of one or both chambers of Congress.
