[Congressional Record Volume 141, Number 59 (Thursday, March 30, 1995)]
[House]
[Page H3984]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                   PRESIDENT CLINTON DESERVES CREDIT

  (Mr. RICHARDSON asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. RICHARDSON. Mr. Speaker, President Clinton deserves credit for 
two initiatives this week, one foreign and one domestic. On foreign 
policy, he deserves credit for taking a risk and entering into a dialog 
with Jerry Adams and Sinn Fein. This was important because stability 
has come to that very torturous issue with the IRA and Great Britain. 
While there have been some feathers ruffled with our major ally, Great 
Britain, this hopefully will be straightened out when Prime Minister 
Major comes to Washington next week.
  Mr. Speaker, the President should be commended also for downsizing 
the Small Business Administration. By reducing its modest funding needs 
from $813 million to $529 million and eliminating 500 full-time 
positions nationwide, the SBA shrinks by 35 percent during fiscal 1996. 
The major portion of the savings would come from a progressive 
alteration of the fee structure for loans in the SBA's successful 7(a) 
program. Making taxpayers have more access to accessible loans, 
downsizing, this is in line with positive initiatives to shrink 
government.

                          ____________________