Small Business Owners Nervous About End of Bush-Era Tax Cuts; Obama Makes Cybersecurity a Top Priority; Presidential Candidates Agree Foreign-Born Entrepreneurs Good For U.S.

Many small business owners have put off plans to hire and expand amid uncertainty around what they will face when several Bush-era tax cuts expire at year’s end, said USA Today. Although tax hikes appear to be a likely outcome, there are several legislative scenarios that could alter, minimize or even delay the tax hikes set to kick in this January.

After warning that U.S. financial institutions will continue to be under constant cyber attack, Homeland Security Secretary Janet Napolitano said that President Barack Obama has made cybersecurity a top priority, said The Hill. Napolitano noted that the Obama administration has increased the federal government’s cyber workforce by 600 percent since 2005 and is looking to hire more skilled workers to protect our nation’s private businesses.

Both presidential candidates agree that the U.S. needs to do more to encourage foreign-born entrepreneurs to stay and build businesses; this according to the Boston Globe. Current immigration laws have made it difficult for these entrepreneurs to stay in the U.S. and get the start-up resources they need, even though they have received advanced STEM degrees at U.S. schools.