DENVER (AP) - Democratic vice presidential candidate Tim Kaine is promoting Hillary Clinton's plans for helping small businesses, saying smaller companies are critical to America's economy.

Kaine told an audience at a Denver machine shop Tuesday that his running mate's proposals would simplify and cut small business taxes and allow business owners to take standardized deductions similar to those offered on personal income taxes.

The Virginia senator also said that Clinton wants to make it easier for community banks and credit unions to finance startups and small businesses expansions.

Kaine also said Clinton's plan would provide incentives for state and local governments to ease regulatory burdens on new companies, make health insurance more affordable for small businesses, and make it easier to do business with the federal government.