[Congressional Record (Bound Edition), Volume 157 (2011), Part 10]
[House]
[Page 13844]
[From the U.S. 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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