On the recordMarch 17, 2010
If we are serious about creating jobs, then our focus, our effort, our work should be for the millions of small businesses out there that with just a little bit of tweaking, a little bit of help from an export initiative here, some regulation reform here, loan pools here, changing current law, could help them do what they want to do, which is expand and grow jobs. I wish my colleagues to know that while this package is five major bills, there is an initiative that is not in bill form yet, but we are very serious about bringing it forward. It is going to include a provision for there to be a pool of capital available. It may be the way Senator Cardin has envisioned it, which is direct loans from the SBA. It may be the way Senator Levin and Senator Warner have been talking about, which is an idea to provide guaranteed loan pools to leverage private capital in the country.
