SMALL BUSINESS--KEY TO GETTING OUR ECONOMY BACK ON TRACK -- (House of Representatives - March 04, 2009)
(Mr. BUCHANAN asked and was given permission to address the House for 1 minute.)
Mr. BUCHANAN. Mr. Speaker, unemployment in my home State of Florida and across the country continues to rise. As the stock markets and retirement accounts fall, our national debt is approaching $11 trillion. And just last week, Congress approved, over my objections, a $410 billion spending bill that was 8 percent higher than last year, more than twice the rate of inflation. On top of all this new spending, we now hear that the White House is proposing nearly $1 trillion in new taxes. Now is not the time to be raising taxes or embarking on a reckless spending free.
Rather than exploding the size of Federal Government, Congress should be working to strengthen the backbone of our economy with small businesses. Seventy percent of all new jobs are created by small business, many of them in our area family owned.
Let's get our economy back on track by helping to work with small businesses. That's the legacy that we want to leave our children and grandchildren.