Political Quotes

On the recordMay 20, 2020
I think each person in this body recognizes the importance of small business to our economy and to our way of life. Small businesses are called the job creator in our economy. They create more jobs than larger companies. They provide innovative ways in order to move forward on our economy. They can figure out better ways to do things more efficiently, meeting the needs of the people of our community. They are also more vulnerable. They don't have access to the type of capital that larger companies have. They don't have the resiliency. So when COVID-19 struck, we recognized--those of us in the Senate and the House recognized that we had to take special effort to protect the economic viability of the small businesses in our country. They did not have the reserve capital and they did not have the resiliency to deal with this prolonged downturn in our economy. Eight weeks ago, we came together, Democrats and Republicans, by a 96-to-0 vote and passed the CARES Act. I was proud that a significant part of the CARES Act responded to the needs of small businesses. We had a working group, a bipartisan working group. Senator Rubio, the chairman of the Small Business and Entrepreneurship Committee--I am the ranking Democrat--we were joined by Senator Shaheen and Senator Collins, and we worked in an expedited way in order to see what we could do to help small businesses get through COVID-19.…
Said by
Ben Cardin
Democratic · Maryland
Source
govinfo.gov
May 20, 2020

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