Thus, I would like to briefly comment on the importance of small business in this country, how the Senate is responding, and to put a little bit of perspective around the importance of the United States doing everything it can--whether it is with the regulatory burden, whether it is in making resources and capital available, or opening up other opportunities for small businesses in this country--how important that is to overall economic growth. Benjamin Franklin once said: He who would fish must venture his bait. Fortunately, in America we have millions of creative and driven women and men and even teams ready to cast their reels. Fortunately, we have the Small Business Administration ready to help them. You might say that the Small Business Administration is an entrepreneur's bait and tackle shop. I believe by today's action in a few moments we will be passing the Small Business Administration's 50th Anniversary Reauthorization Act of 2003. This Federal agency has helped more than 20 million Americans start, grow, and expand their businesses. It has become the Government's most effective instrument for economic development. With its help, small companies have grown from a handful of employees into literally thousands. The vitality of the American economy is due in no small part to this agency, which celebrates its 50th anniversary this year.
Editor's note · Context
Discussing the importance of small businesses and the Small Business Administration during a Senate floor speech.
Share
More from William H. Frist
I do want to add my congratulations to the managers, Senators Warner and Levin. They have done a tremendous job on the Defense authorization bill, a very important bill. We had several pauses over the course of today that we were able to…
for 5 years we have been a nation at war. It is a war unlike any we have ever before fought. It is an ideological war against radicals and zealots. We are fighting a different kind of enemy--an enemy who seeks to destroy our values, to…
Whereas William Wilberforce, born August 25, 1759, used his position as a Member of Parliament in the House of Commons to stop the slave trade in Great Britain, proclaiming, ``I [will] never rest until I have effected [slavery's]…
tomorrow we will make final remarks on the Oman free-trade bill. The vote on passage of this bill will be at noon tomorrow. This is the first vote of the week. Tomorrow afternoon, at 2:15, we will take up the nomination of Alice Fisher to…





