A summary of the Small Business Jobs Act (HR 5297) that President Obama is pushing the Senate to pass is here. The Bill and some amendments are here. Nothing in the act stimulates consumer demand, which is what would get small businesses back into making capital expenditures and hiring. This should be called the Small Business and Agriculture Jobs Act, because it allows lending to farmers:

(15) SMALL BUSINESS LENDING.—The term “small business lending” means—

(A) commercial and industrial loans plus owner-occupied nonfarm, nonresidential real estate loans;

(B) loans to finance agricultural production and other loans to farmers; and

(C) loans secured by farmland, as defined by and reported in an eligible institution’s quarterly call report.