Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.

Many small-business owners bemoan the often lengthy amount of time it takes to get paid by their commercial clients. President Obama, it turns out, has had enough of that, too.

The White House on Friday will announce that dozens of the nation's largest companies have agreed to more quickly pay their suppliers for parts and services or help those suppliers access less-expensive financing, a move the administration hopes will buoy small businesses.

Among the 26 corporations that have signed on are technology giants Apple and IBM. Coca-Cola, FedEx, Honda, CVS and Walgreens will also participate in the initiative ...

President Barack Obama, prodding Congress to consider fresh economic proposals after two years of gridlock, called for restructuring business taxes so long as the initial revenue generated goes toward job creation.

In a recent speech in Chattanooga, Tennessee, Obama said years of budget fights have diverted attention from the need to help middle-income Americans recover from the recession.

“I’m willing to work with Republicans on reforming our corporate tax code, as long as we use the money from transitioning to a simpler tax system for a significant investment in creating middle-class jobs,” he said.

States are supposed to tell the Obama administration by Friday whether they want to create their own health insurance exchange—a deadline that many had bet might never come to pass, choosing to sit on their hands for months in the hope that Mitt Romney would win the presidency and the health care law would be repealed.

On Wednesday, they dug in their heels a little more. Leaders of the Republican Governors Association, gathering in Las Vegas for their annual meeting, wrote a letter to Mr. Obama requesting more time, more guidance and a meeting where the president and governors could talk.

One week ago, the Washington Post's panel of swing state small-business owners gave the slight edge in the town hall debate to President Obama, forcing a split after Mitt Romney won convincingly in the first debate earlier this month.

So it all came down to Tuesday—and for the second time in less than a week, the president emerged with a split-decision victory.

Five respondents said the president came out ahead, one called it a draw and one gave the victory to Romney. Most of respondents thought the Republican candidate demonstrated that he could effectively serve as commander in chief

Cutting wasteful government spending is one of those exercises that even the most ardent political opponents agree is a good thing. But what one does with those savings is quite another matter.

On Wednesday, President Obama signed an executive order cutting federal spending on things like promotional plaques and mugs, cellphones and iPads, official travel, and chauffeured cars for senior officials.  

As part of a larger proposal to cut the national debt by $3 trillion over the next 10 years, the White House recommended reducing mail delivery to five days a week, freeing $7 billion of overfunded pension for use and creating a new business model to save the post office from insolvency.

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