Page 9 - Drying Up News Today

Development. one of the key challenges in america today is getting capital in the hands of small business owners that can take their business to the next level or grow or expand or, as the president said, reinvent themselves in this very challenging market. and with home equity drying up, with lines of credit drying up and with regulators, honestly, which is something i have my eyes on coming down too hard on some of these banks, theyre tightening their frameworks down too low and theyre forcing...

2008, the federal stimulus money has helped them avoid making tough decisions. this year, though, those federal dollars will be drying up, and the cuts ahead could be brutal. think education. and health programs like medicaid. see, the states are required to balance their budgets. and for the past couple of years, they have been getting help from the stimulus money. to make matters worse, a lot of states have already slashed services and used up their rainy day funds in order to balance those bu...