The Washington Post

Get started: Credit Unions lobbying against lending caps, Facebook revamps small business page

Our daily blend of the latest news, trends and tips for the small business community.

What’s going ‘on’:

Credit unions aim to lift lending restrictions: Credit unions are lobbying to have lawmakers ease rules that currently prevent them from lending more than 12.25 percent of their assets. Many have rallied behind new legislation from Sen. Mark Udall (D-Colo.) that would increase the cap to 27.5 percent.

Supreme Court cut billions from cost of health law: The Supreme Court’s ruling to strike down the health-care law’s provision requiring states to expand their Medicaid programs will cut the overall cost of the legislation by an estimated $84 billion, according to a report published Tuesday by the nonpartisan Congressional Budget Office.

Facebook revamps small business site: The social networking company has overhauled its small business resources page to provide more in-depth tips, tools and tutorials for business owners looking to get the most out of the site. The page also offers product releases and advertiser best practice guides.

Keep an eye ‘on’:

House pushing regulation-freeze bills: House Republicans are stumping for new bills that would stop the government from introducing new regulations until the unemployment rate falls to 6 percent, pointing to new SBA figures that show regulations cost employers $10,000 per year per employee, discouraging many hiring plans.

Helpful advice ‘on’:

How to expose your expertise to clients (OSB)

How to compete with big chains (Entrepreneur)

How to steer clear of fraud (Network Solutions)

How to use Facebook interest lists (PC World)

J.D. Harrison covers startups, small business and entrepreneurship, with a focus on public policy, and he runs the On Small Business blog.

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