Political Quotes

“Today is a great day for small businesses in the United States. The small Business Lending Act we are voting on today will give $12 billion in tax relief to small businesses and increase access to capital through community banks. These $12 billion in tax cuts, including a 100 percent exclusion of capital gains tax on small business investments, saves entrepreneurs money that they can put right back into their businesses. This legislation creates a $30 billion small business lending fund to help community banks, not Wall Street banks, lend to our small businesses. Access to capital is the biggest concern facing our small businesses today. That's why we included my plan to increase the cap on Small Business Administration express loans from $350,000 to $1 million. More capital for business means that they can expand and create new jobs. Helping businesses grow is essential to our economic recovery and getting people back to work. As a small business owner, I am proud to support this plan to provide tax relief to businesses and give them access to capital they need.”