Erskine Bowles is co-chairman of the presidential deficit commission, which votes Friday on US fiscal plan. As president of the University of North Carolina system, he's no stranger to budget-cutting. He's had to trim more than $550 million and 1,000 jobs.
The high costs associated with meeting EPA and IRS regulations are many times higher for small businesses than for their larger competitors, per capita.
As the election Tuesday approaches, President Obama is increasing his rhetoric against the GOP party, though numbers still look grim for the Democrats.
President Obama tried to energize women voters at a town hall meeting Thursday in Seattle. He's also set to campaign for Washington's Patty Murray and California's Barbara Boxer.
In order to comply with federal regulations, the smallest businesses spent over $10,000 per employee in 2008.
Tropical storm Nicole and her aftermath dumped jaw-dropping quantities of rain on the East Coast, including 10 inches in 24 hours in parts of Pennsylvania. Wilmington, N.C., was worst-hit, with 22.5 inches in five days.
Tax cuts: The GOP's McConnell wants to extend the Bush-era tax cuts, but he might have to shut down half the federal government to pay for them.
The bill includes a $30 billion fund to increase access to lending for small businesses, and $12 billion in tax cuts. It also sets off debate on whether to extend the Bush tax cuts to more than the just 'middle class.'