Political Quotes

“It is interesting my friend from Arizona mentioned small business, because this morning on my way into the Capitol--I go home every night to Baltimore--I had a meeting with small business leaders in Prince George's County. We noticed this a couple days ago. The room was overflowing. These small business owners want us to take action to help them. Minority businesses, women-owned businesses, veterans' businesses--they want to see bold action because they are hurting. Their businesses are hurting. They are having a difficult time getting credit. They are using their credit cards for credit because they can't get SBA loans and credit from banks. In this legislation, there is help for small business procurement from the Federal Government. There are provisions in this legislation that will make it easier for them to get 7(a) loans and 504 loans by eliminating the cost so it would be less expensive for small businesses. The bottom line is that the American people are looking for us to take bold action, to give our new President the tools he needs to get our economy back on track. In Maryland we have lost jobs, as has the rest of the country. Nationwide we have lost over 600,000 jobs last month, over a million jobs in the last 2 months. Foreclosures are at record numbers. Businesses are closing their doors. Consumer confidence is at an all-time low. We need to take action. The American Recovery and Reinvestment Act will create jobs. In my State, it is estimated to be 66,000.”