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Obama: Recovery Begins With Small Business

He also announced the SBA will double its investment in rural small business over the next five years. President Barack Obama told an audience in rural Iowa that economic recovery must be led by small businesses and entrepreneurs and “isn’t going to be driven by Washington.” Obama was opening a forum on the rural economy at Northeast Community College in Peosta on his second of three days travelling by bus through the Midwest. Tuesday he also announced that the Small Business Administration will double its current rate of investment in rural small businesses to $350 million over the next five years.

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Obama: Recovery Begins With Small Business

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