Let me just state this, that the landmark Small Business Act, which is intended to create jobs--we're anticipating 500,000 jobs--allows for investment in exporting, which I believe is critically important; it allows for investment in our modernization of manufacturing and small businesses, and it allows for the unleashing of some $300 billion worth of loan opportunities to our small businesses. We profess small business to be the economic engine, to be the springboard to the economic recovery. To the credit of Speaker Pelosi, whose leadership has led this House through the 111th Congress, we have made that our focus. We came out of a deep, deep recession, and, unfortunately, there wasn't enough time for us to feel the effects of the progress made by such legislation. I just think we need to pursue that path to progress.
Paul Tonko: “Let me just state this, that the landmark Small Business Act, which is intended to create jobs--we're anticipating…”
Editor's note · Context
Speaker Tonko discusses the importance of the Small Business Act in job creation and economic recovery.
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