Political Quotes

“I thank the chairman for yielding. Madam Speaker, the American economy has the capacity and the resilience to overcome almost any obstacle. We've seen it time and time again. In the face of foreign crises, natural disaster, or fiscal adversity, American entrepreneurs and job creators never stop innovating. But to harness that power and the jobs that come with it, we need to clear a path for the start-ups and fledgling businesses that bring new goods and ideas into the marketplace. That's the purpose of H.R. 3606, the Jumpstart Our Business Startups, or JOBS, Act. {time} 1240 This legislation package includes six bipartisan proposals, many of which I cosponsored, to streamline or eliminate the regulatory and legal barriers that prevent emerging businesses from reaching out to investors, accessing capital, and selling shares on the public market. This legislation will make it possible for promising new businesses to go public and access financial opportunities that currently are limited to large corporations, and it eliminates needless costs and delays imposed by the SEC and other regulators. Madam Speaker, for tens of millions of Americans, including families from my suburban Chicago district, there is no priority more important or urgent than job creation. Over the last few months, unemployment has slowly receded to 8.3 percent nationally and 9.1 percent in Illinois, but Washington must pick up the pace.…”