Political Quotes

“the reason I have offered this consent agreement today is that this would help literally hundreds of small businesses to create hundreds of thousands of jobs at no cost to the American taxpayer. The bill addresses a problem that everybody in the Chamber agrees needs to be addressed, and that is the trouble small businesses are having accessing capital so they can grow and create jobs. We saw that our unemployment rate inched up to 9.8 percent in November. That is indicative of the fact that our economy is having trouble gaining traction. We all know that if small businesses expand and grow, our economy will be getting back on track. Under current law, credit unions are doing what they can to help business interests and meet the demands of particularly family businesses. But they are constrained by an arbitrary cap on the size and amount of the loans they can issue. This legislation would get the Federal Government out of the way and allow credit unions help jumpstart the economy.”