[Congressional Record Volume 157, Number 140 (Tuesday, September 20, 2011)]
[House]
[Page H6258]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1920
SMALL BUSINESS IS BIGGEST ENGINE FOR JOB CREATION
(Ms. KAPTUR asked and was given permission to address the House for 1
minute.)
Ms. KAPTUR. Madam Speaker, listening to the prior Member talk about
small business, I have to say I agree that small business is the
biggest engine for job creation in this country.
It was such a pleasure today to join Vice President Joe Biden at
Wrap-Tite, Inc., in Solon, Ohio, and to see the role that government
must play when the market isn't fully functioning and when the banks
aren't fully lending, and to see the Small Business Administration's
504 loan guarantee program at work creating jobs at this wonderful,
wonderful company that now has millions and millions of dollars in
sales.
When the regular banks weren't working, it was the SBA, Small
Business Administration, that we support, some of us support, that was
able to draw on the capital that made possible the investment for
expansion, and they have hired five more people.
Imagine if there were 30,000 more companies in America that could do
that, with the changes in the Jobs Act that the President is proposing,
in order to reduce payroll taxes on individuals, as well as businesses
and the other incentives for small business creation, we can really
help lift this economy when she can't lift herself alone. It was a
pleasure to be there today.
I congratulate Wrap-Tite and want to say it was great to celebrate
that patriotic spirit of making the market work.
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