
Analysts are calling Obama’s State of the Union “business focused,” including proposals to aid small business and keep America competitive. The president proposed taking $30 billion repaid by Wall Street banks and using it to provide credit to community banks and small businesses. The president also proposed a new small business tax credit, eliminating capital gains taxes on small business investment and providing a tax incentive for businesses to invest in new plants and equipment. The full text of President Obama’s speech is available here.