On the recordFebruary 1, 2016
I thank Chairman Garrett for bringing this very important bill to the floor. I also want to extend my congratulations to Congressman Juan Vargas of California. He has done a terrific job being the lead cosponsor of the Small Business Capital Formation Enhancement Act. All of us in this Chamber who also are small-business owners understand how important it is to have access to money, to funds, to capital, in order for our businesses to be successful, to grow, and ultimately to hire more people. This is true in Maine's Second District that I represent and also across the country. It is all about jobs. Unless your business grows and expands, then you don't have jobs. So it is very, very important to have that key ingredient to small-business growth, which is access to capital or to money. Now, if you are one of the greatest papermakers in the world--and we have a lot, Mr. Speaker, up in Maine's Second District--and you work for a paper company up in Madawaska, Maine, or Madison, Maine, you still depend on your company--it might not be a small company--to make sure you have access to the stock and bond markets, to be able to borrow the funds they need to expand and be successful, and to make sure we can secure your job. Now, if you are a small-business owner, which really dominates the landscape in Maine and across the country--let's say you are a boatbuilder in Ellsworth, Maine--you still need access to capital in order to grow.…





