WASHINGTON, DC - House Majority Leader Steny H. Hoyer (MD) joined Assistant to the Speaker Chris Van Hollen (D-MD), Reps. Yvette Clarke (D-NY), Kathy Dahlkemper (D-PA),and Gary Peters (D-MI), Small Business Majority Policy Director Terry Gardiner and small business owner Michael Brey today for a press conference to discuss the Small Business Jobs Act, which passed the Senate last week after months of Republican obstruction and passed the House today. The legislation will expand much needed lending to millions of small businesses and offer tax incentives to help small businesses grow, hire, and fuel our economy, without adding a dime to the deficit. Below are his remarks as prepared for delivery:
"As we work to recover from the greatest economic crisis since the Great Depression, our small businesses remain the job-creating engine of our economy. Supporting small businesses, and making products in America, are key to creating well-paying, secure, middle-class jobs.
"That’s why Democrats have focused on the Make It In America agenda, a plan to rebuild American industry. Six Make It In America bills have already been signed into law—and today the House will vote on another.
"This important small business lending bill creates a Small Business Lending Fund, making it easier for small businesses to access the capital they need. It also creates $12 billion in tax cuts to help small businesses innovate, expand, and add workers. And it promotes American exports and a level playing field for American companies that compete overseas. These provisions can create as many as 500,000 jobs.
"Voting for this bill is a test of every Member’s commitment to the small businesses that are the backbones of our districts. It’s ironic that today, Republicans are rolling out their agenda of failed Bush policies at a small business—even as they oppose this bill to actually create small business jobs.
"When it’s time for a photo-op at a small business, Republicans are there—but when it’s time to actually help small businesses grow, and to prevent the outsourcing of American jobs, Republicans are too busy listening to America’s biggest corporations."