[Congressional Record (Bound Edition), Volume 156 (2010), Part 8]
[House]
[Page 11348]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           WHERE'S THE MONEY?

  (Mrs. MALONEY asked and was given permission to address the House for 
1 minute.)
  Mrs. MALONEY. Mr. Speaker, this past Monday the Wall Street Journal 
ran an excellent article on the challenges facing small businesses. It 
began with a question that small businesses all across America are 
asking: Where is the money?
  The Journal article cites a survey by the National Federation of 
Independent Business that found that half of the small businesses that 
tried to get the loans last year were either denied the loans or they 
were not given the money that they needed.
  We found that small businesses in the Joint Economic Committee report 
have been badly hurt by the tighter lending standards that resulted 
from the financial crisis. That is why passing the Small Business 
Lending Fund Act last week was such an important step forward and 
sending it to the Senate.
  Where is the money is an important question to ask, and the answer 
is, it is on the way. We hope that the Senate will act quickly and pass 
this important legislation.

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