I thank the gentleman for yielding. All those who care for and think about the 15 million unemployed people in this country, on both sides of the aisle, want the Congress to work together to help small businesses and entrepreneurs create jobs for Americans, but the new majority, right out of the gate, has ignored that obligation. The first week, they ignored the deficit and passed a set of rules that says they can pretend it doesn't exist when they want to do something. Then they increased the deficit by repealing the health care bill. The Congressional Budget Office says that adds $230 billion to the deficit over 10 years and more than $1 trillion over 20 years. This week, they are hiding the deficit. They brought to the floor a bill that wants the American people to guess what the numbers will be under which we will live in the future. This is not the way to create jobs, either generally or specifically. Here is one fact the Members ought to take into consideration. Last year, the departments that would be subject to up to a 25 percent spending cut under this bill made a million contracts with small businesses that gave $60 billion worth of work to caterers, electricians, other small businesses. What will happen to the jobs created by those small businesses if this 25 percent cut goes through?
Editor's note · Context
The speaker addresses the impact of proposed spending cuts on small businesses and job creation.
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