Nydia M. Velazquez: “I thank the ranking member for yielding. I rise in opposition to this ill-conceived measure which will do nothing to…”

“I thank the ranking member for yielding. I rise in opposition to this ill-conceived measure which will do nothing to promote small business growth. Small businesses everywhere need help. They require affordable credit and greater demand for their services. Yet today we are focused on legislation that does nothing to address these challenges and, instead, pushes an extreme agenda. Despite what some assert, regulation is not among entrepreneurs' top concerns. In fact, surveys note that 85 percent of small business owners believe regulation is necessary. And I have with me a survey that was conducted last February by the American Sustainable Business Council, and I will enter this survey into the Record. Opinion Polling: The Economic State of Small Business [Feb. 2012] (By the American Sustainable Business Council, Main Street Alliance, and Small Business Majority) Summary In January and February 2012, the American Sustainable Business Council, Main Street Alliance and Small Business Majority released polling that asked small employers across the country about key issues impacting the small business community. These included access to credit; proposals in the American Jobs Act to boost the economy; regulations; taxes; and money in politics. Respondents were politically diverse: 50% identified as Republican, 32% as Democrat and 15% as independent. The poll found nine in 10 small business owners have a negative view of the role money plays in politics.…”