Political Quotes

Mark Takano: “Isn't it true in Silicon Valley--let's kind of talk about that for a moment--there has been a resurgence of investment…”

On the recordOctober 10, 2013
Isn't it true in Silicon Valley--let's kind of talk about that for a moment--there has been a resurgence of investment, that we are seeing our California budget sort of recovering with additional revenues because your area of the State is helping to lead the recovery? There are two different subject matters here: the government shutdown, and also this issue of the debt ceiling being raised. We have seen on the Hong Kong markets the short-term debt or the premium that they are charging for this uncertainty about our debt ceiling being raised. In other words, interest rates are likely to raise. Raising capital is going to be a problem. Do you have any thoughts on what that is going to be doing to our Silicon Valley entrepreneurs?
Said by
Mark Takano
Democratic · California
Source
govinfo.gov
Oct 10, 2013

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