This is deeply disturbing. Congress provided loans to help businesses hurt by the Sept. 11 attacks, not to be used as an accounting gimmick to cover up this administration's failure to provide for small businesses.
In one month, the Small Business Administration does $1 billion of loans and guarantees for businesses; many of those are women-owned businesses.
Congress can protect small businesses by providing effective oversight over SBA policies and make sure they take into account the needs of small businesses while also protecting taxpayer dollars. Congress also needs to make sure that new banking regulations do not make it more costly for community banks to lend to small businesses.
The S.B.A. does not lend directly to businesses, but instead backs loans to encourage banks to invest in small businesses as part of a nearly $90 billion portfolio.
Obama administration officials who were in key positions on Sept. 11, 2012, acknowledge that a range of mistakes were made the night of the attacks on the U.S. missions in Benghazi, and in messaging to Congress and the public in the aftermath.
The Federal Reserve needs to provide small businesses in America with the same low-interest loans it gave to foreign banks.
We in Congress need to do everything possible to encourage and cultivate small businesses, so that they can expand and create jobs. Far too often, however, U.S. small businesses are impeded by government paperwork and bureaucratic red tape.
We've got to provide additional help to small businesses so that they can afford to provide health insurance.
The administration of George W. Bush, emboldened by the Sept. 11 attacks and the backing of a Republican Congress, has sought to further extend presidential power over national security. Most of the expansion has taken place in secret, making Congressional or judicial supervision particularly difficult.
Most Americans are more concerned about the economy and job creation. And they can't understand why the Obama administration or the Democrat majority in Congress wants to pass a bill like the cap-and-trade tax that will cost us jobs, that will hurt our economy, that will drive up costs for families, as well as for small businesses.
Big businesses can help by engaging aspiring entrepreneurs and promoting initiatives which support small businesses from within.
I believe the best way to help our small businesses is not only through small-business loans, which we have increased since I've been the president of the United States, but to unbundle government contracts so people have a chance to be able to bid and receive a contract to help get their business going.
We must never forget that it is the private sector - not government - that is the engine of economic opportunity. Businesses, particularly small businesses, flourish and can provide good jobs when government acts as a productive partner.
I've spent my whole life before coming to Congress as a Chamber of Commerce manager. What that means is you help start small businesses, help them grow in good times and bad.
And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.
We know that working with small businesses to create jobs will do more to help our economy than anything the Obama Administration has tried to do.
In terms of intellectual property, so many of the job creators I know are start-ups. In the IP setting, we can meaningfully improve on the status quo, and in so doing, we can help small businesses, large businesses, and those in between.