Mr. President, I am going to read a few of these organizations into the Record at this time. This is a very market- based, private-sector approach to solving this problem, and that is why the American Apparel & Footwear Association, the American Hotel & Lodging Association, the American International Automobile Dealers Association, the Associated Builders & Contractors, Heating, Airconditioning & Refrigeration Distributers International, and we said the Independent Community Banks of America, but how about the Independent Electrical Contractors, the International Council of Shopping Centers, the Main Street Alliance, the National Association of Women Business Owners--Los Angeles, and I could go on and on and on. There are hundreds of organizations that support this $300 billion Small Business Lending Fund. Again, it leverages up to $300 billion of potential loans to small businesses right here in America to create the jobs we need to move us out and past this recession to higher ground and happier times. We can't wait to get there, but we are not going to get there by peddling in place. We have to move forward. This is a bold proposal, but it is very much based on common sense. It is easy to understand, with clear parameters for understanding it. It is using the great asset of community banks to get low-cost capital into the hands of small businesses--shoe stores, retailers, cleaners, grocery stores--that can then start the hiring of one or two or three extra people.…
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I would like to take 1 minute now and then we are going to ask for some additional time. I want to thank the Senator from North Dakota for her really clear and direct explanation of this and her practical approach to what we do here. It is…
I yield to the Senator from West Virginia for a question. The PRESIDING OFFICER. The Senator from West Virginia.
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I ask unanimous consent to speak immediately after the vote for 10 minutes. The PRESIDING OFFICER. Is there objection? Without objection, it is so ordered. ____________________





