[Congressional Record Volume 156, Number 122 (Monday, September 13, 2010)]
[Senate]
[Pages S7003-S7004]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SEPTEMBER WORK PERIOD
Mr. REID. Mr. President, as I said, I welcome back all my colleagues
from all corners of the country. I am sure every Senator enjoyed
spending time with their constituents as much as I did. I am sure all
are eager to get back to the business of legislating.
The work period we begin today is an important one. Like every work
period, it represents a new opportunity to move past the partisan
stalemates of recent months and find common ground on our most pressing
priority: putting people back to work. I hope the weeks between now and
Columbus Day will be productive weeks. There really is no reason they
should not be. The issues we will be dealing with are not partisan or
ideological. They have the
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support of Democratic, Republican, and Independent Senators. They have
the support of Democratic, Republican, and Independent constituents.
All of us have a common obligation and a shared interest in doing all
we can to get our economy moving again.
If we were to adopt a slogan to guide us in the coming weeks, I would
nominate something a colleague of ours said just a few days ago. The
senior Senator from Ohio, Mr. George Voinovich, a Republican, was
talking last week about the standoffs that have stalled the Senate--
gridlock that has kept us in recent months from realizing our ability
and fulfilling our responsibility to help small businesses. He said:
We don't have time for messaging. We don't have time
anymore. This country is really hurting.
Senator Voinovich is right. Small businesses across Nevada are
hurting. Small businesses across my friend's State of Ohio are hurting.
Small businesses across the State of Oregon are hurting. All over this
country, they are hurt, from coast to coast, because credit and capital
are too hard to come by. The owners of these businesses are not
interested in partisan rhetoric, and neither are the people they have
had to lay off or the unemployed they have had to turn away. People in
Nevada and throughout the Nation are too busy keeping track of their
business's books or their family budgets to keep track of who is
scoring political points. They are not interested in any of that. They
are simply desperate for us to do our jobs, and that is to help create
jobs.
That is what the first vote Senators will cast tomorrow is all about.
Tomorrow, we will decide whether to move ahead with a bill that helps
more small businesses be the engine that runs our economy. When most
Americans go to work in the morning--or whenever they go to work during
the day--they do not go to big corporations with famous names. They go
to work at small businesses. But those businesses are also the ones
that have paid the highest price in Wall Street's recession. Two out of
every three jobs we have lost came from small businesses.
Our bill is not a new one, and tomorrow will not be the first time we
voted on it. But to refresh my colleagues' memories, let me briefly
remind everyone what is in it.
One, it cuts small business taxes so they can hire and grow.
Two, it increases Small Business Administration loan limits, which
gets money flowing to the entrepreneurs who create jobs.
Three, it makes it easier for small businesses to export what they
make.
Four, among other things, it creates a new lending fund that will
give small banks, community banks--and, by extension, small
businesses--more capital to invest.
Most importantly, this bill will create jobs, up to 500,000--half a
million jobs. But every day we delay, the opposite happens. Small
businesses are holding off hiring while they wait for us to act. Banks
large and small are holding on to their capital while they are waiting
for us to act. And half a million Americans who want to work, people
who are ready to get off unemployment and get back to jobs they so
desperately need, are desperate for us to get our act together.
We need to go to work. As the Republican Senator from Florida, Mr.
LeMieux, said when we last debated this bill--remember, Senator LeMieux
is a Republican. He said it should get the support of more than 80
Senators. As my friend the Republican Senator from Ohio said: We do not
have time anymore for political games. Our citizens are hurting too
much.
I yield the floor.
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