Political Quotes

On the recordJanuary 9, 2019
I thank the chairman of the subcommittee for yielding. Mr. Speaker, we are now 18 days into the Trump shutdown, and America's small businesses are feeling the strain. Each day that this political stunt continues, entrepreneurs lose out on nearly $90 million in affordable capital through the Small Business Administration's 7(a) lending program alone. That is 192 small firms per day going without the resources they need to grow and create new jobs. As chairwoman of the Small Business Committee, I am deeply concerned that President Trump is holding America's small business sector hostage as he demands funding for a cruel and ineffective border wall. Contrary to the President's remarks, this shutdown isn't just hurting workers who collect a paycheck in blue States; its impacts are being felt on Main Street across this country. For 3 weeks now, the SBA--the only Federal agency dedicated to our Nation's entrepreneurs--has ceased its core operations. Make no mistake about it: This puts hundreds of millions of dollars out of reach for millions of small businesses who seek to utilize these services. For small firms operating in the Federal marketplace, the shutdown could cause them to sacrifice nearly 7,000 contracts worth over $300 million each day. Unfortunately, the consequences don't end there.…
Said by
Nydia M. Velazquez
New York
Source
govinfo.gov
Jan 9, 2019

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