Political Quotes

On the recordApril 4, 2014
I thank the gentleman for his astute comments and build on the comments made by the ranking member. Let me put into the record that the Congressional Research Service, in FY2010, the Federal Government awarded contracts valued at $12.7 billion to HUBZone certified businesses, with about $3.6 billion of that amount awarded through the HUBZone program. That is an investment in small business. That is the creation of jobs. Mr. Chairman, the gist of my amendment is jobs and what will be the impact of this type of budget structuring on the HUBZones. Why wouldn't we want that information? Let me quote former Budget chairman Jim Nussle, a Republican witness who testified: It may not be that the budget process is broken. It may not be, in other words, that tools are broken, but it may be the fact that the tools are not even being used. If you are going to add more responsibilities to the CBO, give them additional tools to assess who the job-creating small businesses are going to be impacted by this bill. Dr. Philip Joyce, former CBO staff member, said: My main message is that most of the tools that you need to solve the budget problems faced by the country are already in your toolbox. Therefore, I am saying if we are putting another tool in the toolbox, if this bill passes, then give them the ability to make sure that we are not killing small businesses that are impacted by the HUBZone funding and assistance. We already see that small businesses create jobs.…
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Sheila Jackson Lee
Democratic · Texas

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