increased credit to small businesses coming ..............

WASHINGTON (Reuters) - President Barack Obama will announce a package of initiatives on Wednesday to increase credit to small businesses, an administration official said on Tuesday. "The proposal will increase the caps for existing SBA (Small Business Administration) loans and give small banks better access to TARP funding to encourage more lending to small business," the official said. While the credit crunch that threatened the economy earlier this year has been easing, small businesses that typically drive employment growth in the United States are still facing borrowing constraints. "They're more dependent on banks. They're more dependent on credit cards, home equity loans, other types of things that got washed away by this crisis," U.S. Treasury Secretary Timothy Geithner told CNBC on Friday. The Obama administration has been looking at ways to increase access to credit for small businesses. The Washington Post reported on Tuesday the administration this week planned to ask Congress to raise the ceiling on the amount of money companies can receive from the Small Business Administration's major lending programs.

credit is not a problem..it is demand problem...what obama can do is do a windfall tax on IBs and extend/add to unemployment to bolster the demand side.

WASHINGTON (Reuters) - President Barack Obama will announce a package of initiatives on Wednesday to increase credit to small businesses, an administration official said on Tuesday.

"The proposal will increase the caps for existing SBA (Small Business Administration) loans and give small banks better access to TARP funding to encourage more lending to small business," the official said.

While the credit crunch that threatened the economy earlier this year has been easing, small businesses that typically drive employment growth in the United States are still facing borrowing constraints.

"They're more dependent on banks. They're more dependent on credit cards, home equity loans, other types of things that got washed away by this crisis," U.S. Treasury Secretary Timothy Geithner told CNBC on Friday.

The Obama administration has been looking at ways to increase access to credit for small businesses.

The Washington Post reported on Tuesday the administration this week planned to ask Congress to raise the ceiling on the amount of money companies can receive from the Small Business Administration's major lending programs.