[Congressional Record (Bound Edition), Volume 156 (2010), Part 8]
[House]
[Page 10693]
[From the U.S. Government Publishing Office, www.gpo.gov]




                    SMALL BUSINESS LENDING FUND ACT

  (Mr. BACA asked and was given permission to address the House for 1 
minute.)
  Mr. BACA. This week, the Chamber will consider H.R. 5297, the Small 
Business Lending Fund Act. This bill will create a small business loan 
fund and provide capital to American small businesses. This bill also 
includes a boost to State lending programs, providing $2 billion in 
funding to new and existing programs across the country.
  Small businesses are the backbone of the American economy and create 
two out of three jobs in this country. Our economy has begun to show 
signs of growth and recovery, and our largest financial institutions 
are stabilized, but it's time to assist local and community banks that 
provide the bulk of the capital to small businesses.
  Job creation needs to be the number one priority forward, and 
legislation like this will help accomplish our goals and restore the 
public faith in our economy.
  I urge my colleagues to vote ``yes'' on H.R. 5297 when it comes 
before us.

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