Press Release
Eustace, Watson Coleman & Diegnan Bill to Create Small Business Loan Program to Help Create Jobs & Economic Growth Released by Assembly Panel
Bill is Part of Ongoing Assembly Democratic Job Creation Effort
(TRENTON) – Legislation Assembly Democrats Tim Eustace, Bonnie Watson Coleman and Patrick J. Diegnan Jr. sponsored to create a small business loan program to help create jobs and spark economic development was released Thursday by an Assembly panel.
“The global economic decline caused by the Great Recession placed very tight credit conditions on the availability of loans to small businesses from private financial institutions, impeding the expansion of small businesses and restricting their ability to improve the state’s economy,” said Eustace (D-Bergen/Passaic). “Clearly, we need to assist small businesses in making direct investments in their businesses to support capital purchases and operating expenses, including new hires and employee training..."
To read more, please visit the New Jersey General Assembly Democratic Office Web site.
On the Net:
The Assembly Democratic Office Web site
NJ Assembly Dems on YouTube
NJ Assembly Dems on Vimeo
NJ Assembly Dems on Facebook
NJ Assembly Dems on Twitter
NJ Assembly Dems e-mail alerts
President Barack Obama will return to New Jersey next week to tour the Jersey Shore with Gov. Chris Christie.
Read More >PolitickerNJ.com interview: Jason O’Donnell Confident he has the votes to be the next Democratic State chairman, Jason O’Donnell said his objective will be to drive the core message of the Democratic Party. “My main objective is to bring Democrats home,” said O’Donnell, 41, an assemblyman from Bayonne. “If we...
By Tedford J. Taylor No topic is a less likely conversation-starter than our eventual deaths. Still, there is a lot to talk about. When polled, about 90 percent of people presented with end-of-life scenarios prefer the prospect of dying at home with... Read More >
"That's state money and the speaker has never raised an objection to that, and now all of a sudden she objects to her own bill. She's objecting on a basis she hasn't objected before on the TAG Grant program. Let's face it everybody, this is just politics. It's election year and it's politics." - Gov. Chris Christie, on Speaker Sheila Oliver (D-34).
- PolitickerNJ.comVisit the PolitickerNJ.com/resources page for links to the best collection of information on New Jersey state government.
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.