Political Quotes

John Kerry: in conclusion, we have noticed in the last months small businesses have been severely constrained because banks are…

On the recordApril 6, 2001
in conclusion, we have noticed in the last months small businesses have been severely constrained because banks are tightening up credit. This amendment is going to leverage some $13 billion worth of investment in the country. There isn't a State in the Nation where small business doesn't make an enormous difference. Small business represents 50 percent of the jobs in the private sector. By restoring these funds, we are going to help to turn around the slowness that people perceive in the economy today and I think give a lot of relief to an awful lot of businesses in the Nation. I thank the managers for accepting this amendment.
Said by
John Kerry
Democratic · Massachusetts

Editor's note · Context

Discussing the impact of credit tightening on small businesses and supporting an amendment to restore funding.

Share

More from John Kerry

Jul 12, 2023

Obviously, we're already seeing ways in which it's going to affect people.

congress.gov
Jul 12, 2023

We're spending billions--literally, actually, trillions.

congress.gov
Jul 12, 2023

The message is, let's find a way to be able to make sure when we fly, we're not leaving emissions that we cannot capture.

congress.gov
Feb 6, 2025

The era of the Monroe Doctrine is over.

vox.com

Other voices in this conversation