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President Barack Obama ordered federal agencies to move faster with their payments to small businesses contracted by the government today in his jobs speech at North Carolina State University in Raleigh.

The president said he wanted things to move twice as fast in order to put more money in their pockets quicker so they can begin hiring unemployed Americans.

“Currently payments must be made within 30 days of receipt of proper documentation by the federal agency,” Carney said. “Under this new policy, we are cutting the goal in half, to 15 days.”

Read more at USA Today.


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