A Quote by Karen Mills

The 2009 stimulus law got the ball rolling, allowing the agency to reduce and eliminate fees and raise loan guarantees to 90 percent of the total. I knew that we had the opportunity to use S.B.A. products to fill that gap in a rapid manner, as we ended up doing in the Recovery Act.

Karen Mills

Quote Topics

Act Agency Allowing Ball Doing Eliminate Ended Fees Fill Gap Got Guarantees Had Knew Law Loan Manner Opportunity Percent Products Raise Rapid Recovery Reduce Rolling Stimulus Total Up Use

Quote Author

Karen Mills
American - Public Servant
Born: September 14, 1953

We were able in the Recovery Act to get a program where we increased our loan guarantees to 90 percent. Because we had that program, a bank wouldn't have to take that much risk.

Karen Mills

Contrary to the belief that Obama is America's Lightworker who can defy political gravity, H.R. 1, the American Recovery and Reinvestment Act of 2009, guarantees more of the same old borrow-spend-panic-repeat cycle that got us into our current mess in the first place.

Michelle Malkin

Interesting statistic: In every economic recovery until 1982, working people captured more than 80 percent of the value of the recovery. Since 1982, the top 10 percent has captured 90 percent of the value of the economic recovery.

Julianne Malveaux

We really accomplished what we set out to do with the Recovery Act programs, which was to fill the lending gap created by the crisis.

Karen Mills

At the federal level, the fiscal stimulus of 2008 and 2009 supported economic output, but the effects of that stimulus faded; by 2011, federal fiscal policy actions became a drag on output growth when the recovery was still weak.

Janet Yellen

The stimulus legislation, technically known as the American Recovery and Reinvestment Act of 2009, was a mixture of tax cuts for families and businesses; increased transfer payments, like unemployment insurance; and increased direct government spending, like infrastructure investment.

Christina Romer

I've found the 90-10 rule to be pretty true: 90 percent of what I come up with and write down is kinda 'eh,' and then somehow, someway, 10 percent of it happens to work out really great in my act.

Hasan Minhaj

When I wrote 'The Assistants,' I knew very much that I wanted to write about income inequality and student loan debt and the gender wage gap, but I wanted to put it in a really slick, fun package. That book ended up being described as a socially conscious novel in chick-lit clothing.

Camille Perri

We can't have close to 90 percent of those prenatally diagnosed with an intellectual disability being aborted; 90 percent not going to school; more than 90 percent reporting discrimination in the healthcare system; and 90 percent unemployed, and tell ourselves that we're doing a good job. The obstacles to leading a full life for the vast majority of people with intellectual disabilities are far beyond what they should be, and far beyond what we should tolerate. So yeah, I want change.

Timothy Shriver

If we continue on the trend we’re on, we can reduce extreme poverty by more than 60 percent-lifting more than 700 million people out of dollar-and-a-quarter a day poverty and back from the brink of hunger and malnutrition. But if we accelerate our progress from 3 percent annual reduction to over 6 percent and focus on key turnarounds in some difficult countries, we could get a 90 percent reduction. We could essentially eliminate dollar-and-a-quarter head count poverty.

Rajiv Shah

We're going to merge with machines and become gods, but first, we've got to reduce the world population 90 percent.

Alex Jones

After 25 quarters of so-called recovery under Obama, it has increased a total of only 14.3 percent. Compare this to earlier periods. After the JFK tax cuts of the early 1960s, the economy grew in total by roughly 40 percent. After the Reagan tax cuts of the 1980s, the economy grew by a total of 34 percent.

Lawrence Kudlow

While fund performance is unpredictable, the impact of fees is not, .. A 1- percent annual fee will reduce an ending account balance by 17 percent after 20 years.

Arthur Levitt Jr

My school was 90 percent white, but 90 percent of the kids I played with were black. So I got the best of both worlds. I think that is where my comedy developed.