Tom Emmer: “I thank the chairman. Mr. Speaker, government doesn't create jobs; people create jobs. But with the President, Congress…”

“I thank the chairman. Mr. Speaker, government doesn't create jobs; people create jobs. But with the President, Congress can create Federal policies that establish a pro-worker and pro-business environment to lift people out of poverty, to help families, and to allow Americans to realize their greatest dreams. One problem today that is impeding job growth is the access to capital for small business. Often, American entrepreneurs can't get the money they need to start a new enterprise or to grow an existing one. In fact, small businesses still create the majority of new jobs in our country today despite the fact that far fewer small business loans are being made today than were being made prior to the 2008 recession. Compounding this problem even further is the unfortunate reality that entrepreneurs from less affluent communities often have the greatest difficulty in securing the capital they need to make their business dreams come true. As a result, thousands of jobs and hundreds of new products are left on the drawing board as unrealized aspirations of American entrepreneurs. Thankfully, if the rule before us today is adopted, the House can consider four solutions that will address this small business access to capital problem immediately. The Accelerating Access to Capital Act of 2016 will make it easier for businesses to raise capital.…”