today I rise to emphasize the importance of small business funding. Small businesses are the economic engine which drive our prosperity. I would like to thank our chairman, the gentleman from Missouri (Mr. Talent), and I would like to particularly thank our ranking member, the gentlewoman from New York (Ms. Velazquez) and her staff. I have been serving on this committee for the past 15 months and there has not been a committee meeting where I have not been prepared not only by my staff but by her staff for all the meetings we have had. I want to thank her particularly for all the hard work that she and her staff does, too. Small businesses are increasingly diverse and loans to African Americans and Hispanics have doubled. However, even considering this trend, much can still be done to help small businesses succeed. It is important, as we think about small businesses and we have rid our country of what we used to call welfare, that there are many people who used to be on welfare who are capable now of creating businesses through the Microloan business opportunities. I would encourage my colleagues to vote in support of that.
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Addressing the importance of small business funding and support during a committee meeting.
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