Political Quotes

On the recordJune 15, 2010
This legislation is personal for me. We've watched our country come back from the brink in the fall of 2008. In my State of Oregon, helped by Recovery Act funds of about $6 billion, we've been able to stabilize and make some progress. Is it enough? Absolutely not. But I've had a steady parade of people coming to my office thanking me for the investment that was made in terms of infrastructure, in terms of health care, in terms of making sure that we didn't have layoffs of public employees. Now we have a provision here that is an opportunity to focus on small business. It is a package, as the chairman mentioned, with two pieces. It's ironic that our friends are telling us that it's just not enough. These are small pieces, yet they were saying, on the other hand, the legislation we had that CBO has scored over 1.2 million jobs to as much as 2.8 million saved or created was too big. Well, we ought to be chipping away as we can on this. Having $30 billion for a small business lending fund, being able to provide a couple billion dollars of tax exclusion for small business capital formation are positive items.
Said by
Earl Blumenauer
Democratic · Oregon
Source
govinfo.gov
Jun 15, 2010

Editor's note · Context

Blumenauer discusses the impact of the Recovery Act and the importance of supporting small businesses.

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