A day else a portion of the sheriff shared lending to small and microbusinesses. Because of that 4 billiondollar investment in 332 institutions across the Country Community banks or cdfi loan funds, we have seen positive returns for taxpayers so this is no cost to the taxpayer and we are also seeing that lending has increased by more than 10 billion so we take that 4 billion investment. As a result the institutions have loaned more than 10 million above and beyond the lending that they were doing beforehand. What that actually turns into is around 41,000 new loans to Small Businesses. It also means that of those loans, i think we are somewhere around 65 or 70 of those loans were below 100,000, so these are actually loans that are going to the smallest of Small Businesses, not midsize businesses that getting the businesses that are going to be the job creators and are the job creators. We also invested through another program called the state smallbusiness Credit Initiative 1. 5 billion
Jennifer fierce fighting continued in israel and gaza today while leaders from both sides met in cairo to discuss putting an end to the bloodshed. Egyptian president Mohamud Morsi is overseeing the talks and he has become the central figure in the delicate negotiations. Morsi was at his sisters funeral today but he did issue a statement saying Israeli Aggression would end today. Tuesday. At the end of the day the two sides still had not reached agreement. A hamas official told reuters they had come close but the talks must wait until tomorrow. Now this is morsis real debut on the world stage. He rose from his position as head of the Engineering Department at a Cairo University to become president of egypt last year. Its really an intriguing story. Morsi replaced, as you know, president Hosni Mubarak who had been in power for three decades and was one of israels few allies in the region and morsi ran as the Muslim Brotherhoods candidate and he promised to implement islamic law. But anal
Gerri welcome to the willis port. Your show, your money, your voice. Tonight another del i obamacare. This one is intentional. This time open enrollment deadline is being extended by a month so th it can get past the election. People cant cancel the election time. Wi us now, steve more from the law street Journal Editorial Board and dr. Scott gottliebs, former policy for centers for medica and medicaid services. Welcome to you both. I will start with you. Let me read you what the Obamacare Administration is saying about what is essentially a 30 day delay. They say it is to give insurers the benefit of more timeo evaluate there experiences during the 2014 plan year and allow them to take into account those who may enroll late including young adults fore setting 2015 rates. That is probably right because the insurers are goin to have a hard time submitting bids. There were not going to have a lot to go on. The administration is worried. This hurts consumers. There will have to wait. Gerr
Gerri welcome to the willis report. Your show, your money, your voice. Tonight another delay in obamacare. This one is intenonal. This time open enrollment deadline is being extended by a month so that it can get past the election. People cant cancel the election time. With us now, steve more from the law street Journal Editorial Board and dr. Scott gottliebs, formerolicy for centers for medicare and medicaid services. Welcome to you both. I will start with you. Let me read you what the Obamacare Administration is saying about what is essentially a 30ay delay. They say it is to give insurers the benefit of more time to evaluate the experiences during the 2014 plan year and low them to take into account those who may enroll late including young adults before setting 2015 rates. That is probably right because the insurers are going to have hard time submitting bids. There were not going to have a lot to go on. The administration is worriried. This hurts consumers. There will have to wait
Gerri welcome to the willis report. Your show, your money, your voice. Tonight another delay in obamacare. This one is intentional. This time open enrollment deadline is being extended by a month so that it can get past the election. People cant cancel the election time. With us now, steve more from the law street Journal Editorial Board and dr. Scott gottliebs, former policy for centers for medica and medicaid services. Welcome to you both. I will start with you. Let me read you what the Obamacare Administration is saying about what is essentially a 30 day delay. They say it is to give insurers the benefit of more time to evaluate there experiences during the 2014 plan year and allow them to take into account those who may enroll late including young adults before setting 2015 rates. That is probably right because the insurers are going to have a hard tim submitting bids. There we not going to have a lot to go on. The administration is worried. Is hurts consumers. There will have to w