Political Quotes

Edolphus Towns: “I am pleased that this conference report contains a new initiative to assist in the development of capital funds for…”

On the recordFebruary 1, 1996
I am pleased that this conference report contains a new initiative to assist in the development of capital funds for small businesses. This telecommunications development fund will provide low-interest loans to small businesses with $50 million or less through up-front spectrum auction payments. I would like to thank the leadership of the committee for bringing this momentous legislation forward and for supporting my efforts to assist small businesses.
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Edolphus Towns

Editor's note · Context

Discussing a conference report on a telecommunications development fund for small businesses.

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