On the recordJuly 14, 2006
the gulf coast has made good progress in rebuilding after last year's hurricanes. Our small businesses and entrepreneurs have led the way in this recovery. As all of my colleagues know small businesses are the engines of our economy driving innovation and growth. Following Katrina and Rita, one problem for our business owners in the gulf was that their customer bases were dispersed around the country by the storms and were slow to return. Without this revenue from their customers, many businesses struggled to make ends meet and relied upon U.S. Small Business Administration, SBA, disaster loans, insurance payouts, and in some cases, State-administered bridge loan funding to keep going. We also have businesses that export goods and services to foreign countries. The 2,000 exporters in Louisiana, in addition to the other help available, were also able to rely on their international partners to stay in business. Their international customers showed great faith and commitment to our exporters by placing new orders after the storms. I am introducing the Small Business International Trade Enhancements Act of 2006 to give all small businesses the opportunity to expand their operations into international markets. I am pleased to have Senator Kerry, the ranking member of the Senate Small Business Committee, as well as Senators Pryor and Bayh, as cosponsors. As I mentioned we have 2,000 exporters in Louisiana.…
Said by
Mitch Landrieu
Source
govinfo.gov