Video archive of the US Congress

House Proceeding on May 20th, 2009 :: 1:57:20 to 1:59:50
Total video length: 2 hours 3 minutes Stream Tools: Stream Overview | Edit Time

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Virginia Foxx

1:57:07 to 1:57:28( Edit History Discussion )

Virginia Foxx: capital from equity and other sources. until these problems are addressed, our economic recovery will be slowed. fortunately, this bill and the american recovery act, to congress and president can continue to make important strides to remove these barriers to small business growth and help small business succeed in ading this recovery. i'd like to reserve the balance

Virginia Foxx

1:57:20 to 1:59:50( Edit History Discussion )
Speech By: Virginia Foxx

Virginia Foxx

1:57:29 to 1:57:50( Edit History Discussion )

Virginia Foxx: of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentlelady from north carolina. ms. foxx: thank you, mr. speaker. i appreciate my colleague for pointing out some of the good things that the majority has tried to do, but i have to tell you that not one single person has come to me to tell me that he or she has benefited from any

Virginia Foxx

1:57:51 to 1:58:11( Edit History Discussion )

Virginia Foxx: of these things that have passed. to the contrary they come to me and tell me how they try and try to get assistance and can't get assistance. of course i think these small amounts of tax credits are being offset by the tremendous burden that we are putting on the

Virginia Foxx

1:58:12 to 1:58:32( Edit History Discussion )

Virginia Foxx: people of this country by increased taxes, not the least of which is the cap and tax bill that is passing which is going to put a minimum of $3,000 a year increased tax burden on every family in this country as well as several other things

Virginia Foxx

1:58:33 to 1:58:54( Edit History Discussion )

Virginia Foxx: that are coming down the pike. mr. speaker, i'll be asking members to defeat not only the rule but also the previous question so that i might amend the rule to make in order the amendment offered by representpive terry of nebraska which would amend the small business act's loan program to allow qualified struggling car dealers to apply for small business administration loans.

Virginia Foxx

1:58:55 to 1:59:17( Edit History Discussion )

Virginia Foxx: many american car dealers are small business men and women who have been left literally holding the back by the corporate carmakers. if this bi is truly meant to assist small business owners, this amendment would prove extraordinarily timely. this amendment is about small business, this amendment's about jobs. so will i ask people to defeat the previous question.

Virginia Foxx

1:59:18 to 1:59:38( Edit History Discussion )

Virginia Foxx: . i also ask unanimous consent that have the text of the amendment and extraneous materials printed in the congressional record just prior to the vote on the previous question. the speaker pro tempore: without objection, so ordered. ms. foxx: thank you, mr. speaker. the main point of the amendment is to give s.b.a. loans to the

Virginia Foxx

1:59:39 to 1:59:52( Edit History Discussion )

Virginia Foxx: dealers to help them buy their own inventory since they are on the hook of the cost of their inventories since the manufacturers are going under. it is a short and sweet, it's a

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