[Congressional Record (Bound Edition), Volume 155 (2009), Part 19]
[House]
[Pages 25775-25776]
[From the U.S. Government Publishing Office, www.gpo.gov]




                    BOOSTING SMALL BUSINESS LENDING

  (Mr. MICHAUD asked and was given permission to address the House for 
1 minute.)
  Mr. MICHAUD. Mr. Speaker, I rise today in strong support of the 
President's effort to boost small business lending.
  Later this week, we will be taking up a bill that my colleagues and I 
on the Small Business Committee drafted to do just that. Each year, the 
bill is expected to support $44 billion in small business lending, 
helping to save or create 1.3 million jobs annually. Small businesses 
are the backbone of Maine's economy, and they are key to our economic 
recovery.
  The recession and credit crunch have hurt small businesses' access to 
capital, and they cannot afford inaction.

[[Page 25776]]

This bill will give them additional resources when they need it the 
most. I urge the Senate to join the House in passing a strong bill that 
we can get to the President's desk as soon as possible.

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