This could happen anywhere in America.

I know that small business is the engine of the San Gabriel Valley.

With a sluggish economy, it is absolutely critical that programs like these succeed.

In the past SBA said that their standard 7A loan programs are cheaper and more effective than the microloan program in helping low-income and small-dollar borrowers.

I would like to welcome everyone here, and also I hope that you can join us later where we are going to have a little reception with coffee and cookies.

We need the spirit of entrepreneurship and self-reliance now more than ever.

A bill is getting ready to be passed by the U.S. House of Representatives.

He has moved mountains to be here. Yes, he had an airplane flight. That was cancelled, and they forced him to drive four hours to the next available airport in order to be here on time.

Since our nation's founding, generation after generation of immigrants have arrived on our shores. They have built our nation, created economic opportunities and enriched our communities.

Over the course of our history, entrepreneurship and immigration have been inextricably linked with newly-arrived immigrants launching small enterprises that form the backbone of our economy.

This is a tremendously valuable tool.

We will take these suggestions, these experiences that you have had back to Washington, D.C., and we will try to make things better.

when Washington resources are being cut more and more.

the story was dismal about the amount of small business loans they were giving out.

I went through a lot of this with them. And then at the state level I also did a lot on international trade and small business.

How do we cut down the red tape?

Like I said, I have a million of them.

Thank you very much for allowing me to be here. This is of great interest. We need to find markets.