Political Quotes

Richard Nixon: I propose legislation that would enable the SBA to guarantee, for a fee, as much as 90 percent of surety bonds up to…

On the recordMarch 19, 1970
I propose legislation that would enable the SBA to guarantee, for a fee, as much as 90 percent of surety bonds up to $500,000 for small contractors who are qualified by SBA standards but lack the resources to qualify for bonding in the open market.
Said by
Richard Nixon
Republican · California

Editor's note · Context

Special Message to the Congress on Small Business.

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