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John Kerry: drought continues to be a serious problem for many States in this country, and I rise to re-introduce legislation to…

On the recordFebruary 5, 2003
drought continues to be a serious problem for many States in this country, and I rise to re-introduce legislation to help small businesses that need disaster assistance but can't get it through the Small Business Administration's disaster loan program. You see, the SBA doesn't treat all drought victims the same. The Agency only helps those small businesses whose income is tied to farming and agriculture. However, farmers and ranchers are not the only small businesses owners whose livelihoods are at risk when drought hits their communities. The impact can be just as devastating to the owners of rafting businesses, marinas, and bait and tackle shops. Sadly, these small businesses cannot get help through the SBA's disaster loan program because of something taxpayers hate about government, bureaucracy. The SBA denies these businesses access to disaster loans because its lawyers say drought is not a sudden event and therefore it is not a disaster by definition. However, contrary to the Agency's position that drought is not a disaster, as of July 16, 2002, the day this legislation was introduced last year, the SBA had in effect drought disaster declarations in 36 States. And adding insult to injury, in those States where the Agency declared drought disasters, it limited assistance to only farm-related small businesses. My friends, the SBA has the authority to help all small businesses hurt by drought in declared disaster areas, but the Agency won't do it.
Said by
John Kerry
Democratic · Massachusetts

Editor's note · Context

Re-introducing legislation to assist small businesses affected by drought during a speech on the Senate floor.

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