Univision – Obama Meets with Business Owners to Improve the Economy (Spanish)

Behind closed doors, President Barack Obama met with small business owners to pressure Congress to approve a new round of economic stimulus.

Obama proposes to spend an additional $25 billion for tax credits for companies who hire new staff or raise salaries.

“This is about giving small business owners an incentive so they can hire,” said economist Isaac Cohen. “Small business owners are the most significant employer in this country, not big companies.”

To watch the full video clip also featuring LEDC in Spanish, click here.

 

What to Look for in DC Mayor Vincent Gray’s Proposed Budget

Today, in just over an hour, DC Mayor Vincent Gray will release his proposed FY2013  budget for the District of Columbia.

LEDC, with our friends at the Fair Budget Coalition and the Coalition for Nonprofit Housing and Economic Development, are taking a good hard look at how well the budget supports programs that champion stable housing and thriving businesses in the District.

Here’s what we’re looking for!

 

Washington Post – United Way Gives $1.75M to Area Nonprofit Groups

For Levet Brown, nothing is better than seeing kids come through the doors of the Laurel Boys and Girls Club — kids who might otherwise be on the streets or in gangs. But with a building more than a century old and no funding from the city, the club’s president worries that club’s after-school program has a bleak future.

Now, a United Way grant will give Brown a chance to change more lives.

United Way of the National Capital Area announced Jan. 19 that it is awarding more than $1.75 million to 161 of its 737-member nonprofit groups in the Washington area.

To read the full article, which includes information on the United Way grant awarded to LEDC, click here.