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Obama praises Voinovich for support on tax incentives

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Obama praises Voinovich for support on tax incentives
U.S. Sen. George Voinovich, R-Cleveland, received praise from President Obama during his Friday press conference. Obama acknowledged the Ohio Republican's decision to vote for legislation that reportedly includes $12 billion in tax incentives for small businesses and a $30 billion investment in independent community banks to encourage lending to small businesses.
Voinovich told the Washington Post that time is running out and the "country is really hurting," and that he’ll no longer support Republican delays. The senator could be the crucial 60th vote for the president's package, which would be enough to break the threat of a Republican filibuster.
According to Obama, the bill "gives small business owners tax cuts, and it helps them get loans. It will eliminate capital gains taxes for key investments in 1 million small businesses. It will provide incentives to invest and create jobs for 4 million small businesses. It will more than double the amount some small business owners can borrow to grow their companies. It’s a bill that's paid for, a bill that won’t add to the deficit. It has been written by Democrats and Republicans. It’s a bill that's been praised by the Chamber of Commerce. And yet a minority of Republican senators have been using legislative tactics to prevent the bill from even getting to a vote. 
"I was pleased to see that Republican Senator George Voinovich of Ohio said he would refuse to support this blockade any longer," Obama said.
  Voinovich is retiring after his current term. Former southern Ohio Congressman Rob Portman, R-Terrace Park, faces Democrat Lee Fisher, Ohio's lieutenant governor. 
U.S. Sen. George Voinovich, R-Cleveland, received praise from President Obama during his Friday press conference. Obama acknowledged the Ohio Republican's decision to vote for legislation that reportedly includes $12 billion in tax incentives for small businesses and a $30 billion investment in independent community banks to encourage lending to small businesses.
Voinovich told the Washington Post that time is running out and the "country is really hurting," and that he’ll no longer support Republican delays. The senator could be the crucial 60th vote for the president's package, which would be enough to break the threat of a Republican filibuster.
According to Obama, the bill "gives small business owners tax cuts, and it helps them get loans. It will eliminate capital gains taxes for key investments in 1 million small businesses. It will provide incentives to invest and create jobs for 4 million small businesses. It will more than double the amount some small business owners can borrow to grow their companies. It’s a bill that's paid for, a bill that won’t add to the deficit. It has been written by Democrats and Republicans. It’s a bill that's been praised by the Chamber of Commerce. And yet a minority of Republican senators have been using legislative tactics to prevent the bill from even getting to a vote. 
"I was pleased to see that Republican Senator George Voinovich of Ohio said he would refuse to support this blockade any longer," Obama said.
  Voinovich is retiring after his current term. Former southern Ohio Congressman Rob Portman, R-Terrace Park, faces Democrat Lee Fisher, Ohio's lieutenant governor, for the Senate seat.
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