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Home / Capitol Insiders / Bill seeks state backing for business loans (access required)

Bill seeks state backing for business loans (access required)

Proponents of a bill that would use state tax credits to encourage lenders to open their wallets for small businesses say they can help struggling entrepreneurs get access to much needed capital without invoking the most dreaded phrase in the debate over government incentives — “picking winners and losers.”

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Sen. Jeff Flake, R-Ariz., left and Sen. John McCain, R-Ariz. (AP Photo/The Arizona Republic, Tom Tingle)

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On the day of President Donald Trump’s visit to Phoenix, the latest poll delivered grim news to U.S. Sen. Jeff Flake, one of the president’s most vocal critics within his party.