Photo: #Micheal Steiner is a partner in Kid's Palace, a discount clothing shop in Paterson, N.J. Small business owners are getting hit by the continuing economic crisis.

U.S. in Recession

Tough times for small businesses

Broadcast: Midmorning, 07/17/2009, 9:06 a.m.

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Among the biggest losers in this recession have been small businesses, who are being hit by decreased revenue and the loss of credit. Recent reports have suggested the Obama administration is considering using TARP money to bolster small business lending.

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