On the recordNovember 9, 2023
I have a hard time relating this bill to Ukraine and Putin, which we just heard. Risk reward is a great thing. Taking a risk and getting a reward is what made America great. We find ourselves trying to fight for that all the time. The SBA is needed for Main Street America. It is needed for small business, but it needs to be fluid. It needs to be capitalized properly. The SBA has misplaced $200 billion, as the auditor has said. We need to find that. The SBA doesn't need to be getting bigger right now. It actually needs to be getting smaller. Let's get this $200 billion and put it back in the economy so Main Street America can take advantage of it. That is why this bill is important. In closing, Mr. Chair, I think this bill is important. I think it is going to actually help the SBA. It needs to be passed. The SBA is a great agency when it is cooking on all cylinders, but it is not doing that right now. Let's get them back in line. Let's get them to a size that they can compete with and help Main Street America and get our economy going again. Mr. Chair, I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Texas (Mr. Williams). The amendment was agreed to. Announcement by the Acting Chair The Acting CHAIR.…
