Political Quotes

On the recordMarch 29, 2023
Madam President, I have the honor of being the chair of the Small Business and Entrepreneurship Committee here in the U.S. Senate, and there has been a lot of activity during the Biden administration that deals with our economy. The Biden administration has a proud record of legislative accomplishments, from the American Rescue Plan to the bipartisan infrastructure bill, to the Safer Communities Act, to the Inflation Reduction Act, to the CHIPS and Science bill, to the PACT bill, and the list goes on and on. But I want to talk a little bit about the accomplishments under the Biden administration for small businesses, and I am very proud of what we have been able to do to help small businesses in our country. We have 33.2 million small business owners in America. They are the drivers of our economy. We say they are the backbone of our economy; I think they are also the backbone of our communities. They create jobs, and they do most of the innovation that we see. It makes America more competitive and creates more job opportunities and economic opportunities. Over 99 percent of our businesses in the United States are small businesses, and nearly 50 percent of all U.S. employees work for small companies. So it is critically important that we pay attention to our small businesses, and, of course, it was challenging during the COVID- 19 pandemic. I will just give you one example of why it is so important, giving one example in Maryland.…
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Ben Cardin
Democratic · Maryland

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