Carolyn Maloney: “I thank the gentleman. I rise to support H.R. 3606, which would help start-ups and small businesses succeed and create…”

“I thank the gentleman. I rise to support H.R. 3606, which would help start-ups and small businesses succeed and create jobs during this economic recovery. I want to really congratulate and thank the ranking member for his leadership, along with the administration, during the worst recession after the Great Depression. Christina Romer testified before this Congress that the economic shocks to our economy were three times greater than the Great Depression. We were shedding over 700,000 jobs a month when the President assumed office. In a report by Chairman Bernanke, he showed a chart where we are digging our way out under his leadership. We have gained 3.7 million private sector jobs. This is an important step forward. The financial reform bill that Ranking Member Barney Frank--we're going to miss you, Barney. You did a great job, and we all owe you a debt of gratitude for your leadership during this time. But what we need now is a real jobs bill, not just a tweaking around the corners with a few words and a few changes in the securities law. What we should be debating today, which would have a huge impact on jobs, is the transportation bill or the President's American Jobs Act, which would create more than a half million jobs and move us forward. This particular bill, the package is important, but it is not a comprehensive jobs bill or agenda which we need.…”