Political Quotes

“In its nearly 30 years, the SBA microloan program has enjoyed a track record of success in delivering affordable startup capital, particularly for women and minority-owned entrepreneurs. The SBA microloan program has helped to launch many successful businesses. As the chair of the Small Business Committee, I have had the privilege to hear about countless success stories, and I have fought tirelessly over the years to ensure all American entrepreneurs have access to the SBA resources they need to launch and grow their businesses. In my time on this committee, I have been proud to watch the microloan program grow from a small pilot program to a robust lending program with strong stakeholder and congressional support. In many ways, the growth and success of the program mirror that of the many small businesses that got their start with an SBA microloan. Despite this success, and like any other Federal program, it must be periodically reviewed and modernized. This bill does just that and ensures the microloan program will remain flexible for intermediaries and borrowers, helping to ease access to the program for even more aspiring entrepreneurs. I want to applaud the work by the gentleman from New Jersey and the gentleman from Tennessee for their bipartisan work on the microloan program. Mr. Speaker, I encourage all my colleagues to vote ``yes,'' and I yield back the balance of my time. The SPEAKER pro tempore.…”