Political Quotes

“Mr. President, in a few moments I am pleased I am going to be offering an amendment that is strongly supported by Members on both sides of the aisle to focus on jobs and investments in equipment for companies that are currently not making a profit--which, unfortunately, is too many across the country right now. We want to make sure they have an opportunity to have the capital they need to be able to grow as well. I thank Senator Hatch and Senator Schumer, Senator Crapo, Senator Snowe, and Senator Risch for working with me on an amendment that would provide companies with an immediate source of capital to make increased investments in our country and spur job creation. Since the start of the recession in December of 2007, the Nation has lost more than 8 million jobs, as we know. It is an economic tsunami, what has happened to families in this country. The national unemployment rate skyrocketed from 5 percent to 10 percent as companies are forced to cut costs and to lay off workers to remain viable just to keep the ship afloat. Our State, of course, the great State of Michigan, is much worse since we are at about a 14.6-percent unemployment rate right now, and we certainly are feeling the brunt of what has been happening.”