Political Quotes

“I urge the Senate to free up capital for small businesses to allow them to grow, expand, and begin hiring again. Unfortunately, there is a burdensome Federal regulation that currently limits the number of small business loans credit unions can make to family entrepreneurs. Credit unions have money to lend, and they know small businesses in their communities. They know these businesses desperately wanted to jump-start the economy by taking out new loans to grow their companies and hire more workers. Two weeks ago I came to the floor to ask consideration of a bipartisan amendment, No. 242, which I offered to the underlying bill to raise this cap I have alluded to on small business loans. The amendment would simply get government out of the way and allow credit unions to increase small business lending in their communities without costing American taxpayers a dime. I wish to repeat that. It would not cost American taxpayers a single dime. When I spoke previously in support of this amendment and asked for the amendment to be considered, the chairman of the Small Business Committee, Senator Landrieu, objected to my request and indicated that Senator Johnson, chairman of the Senate Banking Committee, opposed the amendment. I wish to clear up some misinformation the American people may have heard at that time and thank Senator Landrieu for removing from the Congressional Record her assertion that Chairman Johnson opposed my amendment.…”