Michigan started a successful program in 2009 that targets businesses that may be good credit risks, but have collateral...
I think it is absolutely critical that we deal with both of those issues if we are actually going to begin to see lendin...
I think it can be used for that purpose as well.
We have a small business loan program. It is a loan guarantee program. It is very valuable.
We have got a 15-percent unemployment rate, and there is a connection between those two figures.
Unemployment in my State is almost 15 percent, and it is unacceptably high in most States.
the real lifeblood of many local economies--local banks--don't have it nearly so good.
The percentage of the reduction in the number of loans going to small businesses is dramatic.
I strongly support... programs like the one we have in Michigan to address collateral depreciation issues.
I commend you and Senator Merkley for all you are doing here to get these small businesses the kind of support that they...
Ultimately, it is America's small businesses, and American workers, who suffer the most.
That clearly is a real obstacle to our recovery, obviously, in States like ours, but States across the country.
It's important to separate the large financial institutions that benefited from TARP from the vast majority of banks.
Well, at this point, in order for them to expand it, they would need support from the Federal Government to do that give...
I had a conversation yesterday with a banker in Michigan who was right on point with what we are talking about in terms ...
I continue to hear from small businesses in my State who can't access credit to grow their company.
We know what it means for businesses that are looking for credit.
Well, thank you very much, Senator Merkley and Senator Brown, for convening what is a very important meeting, a very imp...
