Political Quotes

“Basically, if we are going to get the economy moving again, it is very important that we get small business moving. I do not know about my colleagues, but I can tell you in my State there are a very significant number of small businesses that have been very directly hurt and very heavily impacted by the events of September 11 and the follow-on necessary reaction to shut down on terrorism. We need to get support for small business. I have, in the past, worked with the chairman of the Small Business Committee, Senator Kerry, to provide assistance for loans. We hope that will be included in this bill. But the bill I am talking about would raise the expensing limits for small business. This is extremely important because right now, even under the Daschle amendment, if there is a 30-percent bonus, you still have to depreciate the rest of the equipment over 5 years. If you are buying a computer, in 5 years there is going to be something totally different.”