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Senate Proceeding on Mar 15th, 2010 :: 1:05:45 to 1:15:55
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Amy Klobuchar

1:05:25 to 1:05:45( Edit History Discussion )

Amy Klobuchar: quorum call: a senator: mr. president? the presiding officer: the senator from minnesota. ms. klobuchar: i ask that the quorum the presiding officer: without objection. ms. klobuchar: mr. president, i ask animous consent to speak up to ten minutes. the presiding officer: without objection. ms. klobuchar: thank you. we have been working and focused very much in the last few weeks on the economy with our tax

Amy Klobuchar

1:05:45 to 1:15:55( Edit History Discussion )
Speech By: Amy Klobuchar

Amy Klobuchar

1:05:46 to 1:06:06( Edit History Discussion )

Amy Klobuchar: extender bill as well as the jobs bill that we passed. and i, for one, am glad. my state is glad, because that's what i've been hearing all around my state, especially from small business people who have been having trouble getting credit. and you, mr. president, know, as someone who has worked so much on this issue, how important

Amy Klobuchar

1:06:07 to 1:06:29( Edit History Discussion )

Amy Klobuchar: that is to the strength of our economy, as 65% of our jobs have come from small businesses. today i'd like to take a few minutes to discuss two bipartisan bills i recently introduced that i hope will do more to add to the creation of jobs, to innovation, to exports. the first one is called the export promotion act of 2010.

Amy Klobuchar

1:06:30 to 1:06:54( Edit History Discussion )

Amy Klobuchar: and the second is the travel restriction reform and export enhancement act of 2001. export promotion is a topic of special interest to me. i chair the subcommittee on competitiveness, innovation and export promotion.

Amy Klobuchar

1:06:55 to 1:07:15( Edit History Discussion )

Amy Klobuchar: the export promotion act is kp cosponsored by senators shao u lemieux hr-rbs lemieux and wyden. we have a special interest in global markets. the president recognizes this, and that is why i'm pleased he called for tkaublg of exports -- a doubling of exports in his state of the union spaoefplt one

Amy Klobuchar

1:07:16 to 1:07:36( Edit History Discussion )

Amy Klobuchar: way to do this, to take this opportunity to open new markets is going to be cuba. a bipartisan bill i introduced with senator enzi, a second bill, would do just that. the bill makes it easier for american farmers to export agricultural products to cuba, currently a closed market, by relaxing the restrictions on financial transactions between

Amy Klobuchar

1:07:37 to 1:07:57( Edit History Discussion )

Amy Klobuchar: the two countries and by making it easier for american farmers to travel there to promote their products. the sponsor of the bill in the house is minnesota congressman and chair of the agriculture committee, colin peterson. another way to promote american exports to make sure that businesses know about the potential export opportunities available to them.

Amy Klobuchar

1:07:58 to 1:08:18( Edit History Discussion )

Amy Klobuchar: currently the united states derives the smallest percentage of our g.d.p. from exports compared to all other major countries. america has always been the world's customer, buying our way and in effect buying our way to huge trade deficits. but it's clear that exports will be increasingly important to our economy as people in china, india and other developing

Amy Klobuchar

1:08:19 to 1:08:39( Edit History Discussion )

Amy Klobuchar: countries gain more purchasing power and they become our potential customers. right now more than 95% of the world customers are outside our border. think of it, with the growing economic power of customers in these new developing nations, i was just in india a few months ago, and you see that massive humanity, the potential as that

Amy Klobuchar

1:08:40 to 1:09:01( Edit History Discussion )

Amy Klobuchar: country builds itselfpf people that can buy our products all over -- from all over our country. more exports in our country will mean more business, more jobs and more growth for the american economy. exports are also important for small businesses for several reasons. first and most obviously, exports allow a company to increase its sales and grow its business.

Amy Klobuchar

1:09:02 to 1:09:23( Edit History Discussion )

Amy Klobuchar: second p-rbgs diversified -- second, diversified base of customers helps a business weather the ups and downs. so there is a world of opportunity out there, and i can tell you i have seen it in my own state. m atracks, a little company named after a little

Amy Klobuchar

1:09:24 to 1:09:45( Edit History Discussion )

Amy Klobuchar: second-grade boy named matt who came home and drew a picture of his trucks for his dad. his dad, a mechanic, decided to build this product in his machine shop and now they export to dozens and dozens of countries all over the world. they started with five employees. they're now up to 50. how did they do it?

Amy Klobuchar

1:09:46 to 1:10:07( Edit History Discussion )

Amy Klobuchar: they went over to fargo, north dakota, which covered this area of minnesota, talked to a woman named heather at the foreign commercial service department. they went over there. she matched them up like a business match.com, with potential countries from kazakhstan to turkey that were interested in their product that is how they grew their business.

Amy Klobuchar

1:10:08 to 1:10:29( Edit History Discussion )

Amy Klobuchar: acro minimum, down by austin, minnesota, in the middle of cornfields, they have had a long-standing family business where they do trenchless digging. they put major steel pipes under ground and they have the machinery to push those pipes underground, and they can dig major trenches underground without actually digging up the landscape, without digging up the ditches.

Amy Klobuchar

1:10:30 to 1:10:51( Edit History Discussion )

Amy Klobuchar: they have done it in has angeles, but they're doing it in india. why? highly populated areas like digging this way. they don't have to dig up overground to do it. as you look at these countries with the businesses they need,

Amy Klobuchar

1:10:52 to 1:11:13( Edit History Discussion )

Amy Klobuchar: acromen is up to many kpwhraoefplts for so -- employees. for so many businesses it is difficult to do this because for them the world contains an ann ann -- ancient map. the rest of it is vast space, unimplored territory. they know there is something more. they know accessing these

Amy Klobuchar

1:11:14 to 1:11:34( Edit History Discussion )

Amy Klobuchar: markets will help them expand products, open new facilities and hire more people but they don't know how to find out more opportunities. fortunately there is help available. a number of federal programs through the small business administration, commerce department export-import bank that assist u.s. companies in promoting their products abroad. and the idea here is to give

Amy Klobuchar

1:11:35 to 1:11:58( Edit History Discussion )

Amy Klobuchar: that kind of help to small- and medium-size businesses so they can vet a potential customer so they can find out what's available. they don't have a full-time trade department or full-time person looking at each continent like a country like 3-m or car tkpwoerbgs ver successful businesses in my home state would have. so they need this help.

Amy Klobuchar

1:12:03 to 1:12:25( Edit History Discussion )

Amy Klobuchar: another example, epicurean in duluth, it has companies in 45 country. i invited a representative from epicurean to join me and he thinks we're on track. our business will support these programs that help these companies get the word out. it does three major things.

Amy Klobuchar

1:12:26 to 1:12:46( Edit History Discussion )

Amy Klobuchar: first, it expands the scope of existing department of commerce programs that help businesses commercialize and manufacture new technologies that export abroad. second, it increases the people at the department of commerce that are responsible for identifying new export opportunities abroad and matching these markets with american companies. for the past few years the

Amy Klobuchar

1:12:47 to 1:13:09( Edit History Discussion )

Amy Klobuchar: program that specializes in matching small businesses with potential export markets has not replaced retiring officials, losing roughly 200 people since 2004. even as demand for their assistance continues to increase. this bill would restore staffing levels in this program to those 2004 levels.

Amy Klobuchar

1:13:13 to 1:13:35( Edit History Discussion )

Amy Klobuchar: i talked to the secretary this morning. that is the key to this. this legislation will expand the commerce department's rural export initiative to ensure businesses in rural areas know about the all the available export opportunities for them. why is this cost worthy? well, look at this. a return of approximately $213

Amy Klobuchar

1:13:36 to 1:13:59( Edit History Discussion )

Amy Klobuchar: on each $1. $213 on each dollar, that's what we're talking abo here. what we're trying to do here, senator lemieux and i with this bill and also with our bill rargtduba -- regarding cuba, is to open these markets up and say if we can give our small and medium size businesses and our farmers a little help either getting in the tkaorbgs knowing

Amy Klobuchar

1:14:00 to 1:14:20( Edit History Discussion )

Amy Klobuchar: if a customer is real or not, letting them know where the company is hot, they're going to work. these are private-sector jobs. our idea here is not to create those jobs but to help them get into those markets, make them on an even playing field with the big businesses that already have the resources to do it. the ability to envision creative

Amy Klobuchar

1:14:21 to 1:14:41( Edit History Discussion )

Amy Klobuchar: new products, then develop them, commercialize them and sell them has been part of the american dream as long as there has been an american dream. that spirit of innovation has gotten us everything in my state from the postit note to the pacemaker. and those companies, metronics, started in a garage. those companies, 3-m, started newspaper two harbors,

Amy Klobuchar

1:14:42 to 1:15:04( Edit History Discussion )

Amy Klobuchar: minnesota, a tiny little town. target started as a dry goods storefront in a mall in minneapolis and they grew to what they were. but they can only do this now if they get that kind of help. it's no longer just america that's their market. it's india, kazakhstan, turkey, china. it is not as easy now to build to the point they need to build to.

Amy Klobuchar

1:15:05 to 1:15:25( Edit History Discussion )

Amy Klobuchar: th is why senator lemieux and i are introducing our bill to assist the commerce department to assist small and medium size businesses. it is important to keep the end game in mind. an end game where the united states is the world leader in job creation by virtue of making

Amy Klobuchar

1:15:26 to 1:15:46( Edit History Discussion )

Amy Klobuchar: an selling the world's most innovative products. this bill will help us get there. thank you, mr. president. an i yield the floor. i note the absence of a quorum. the presiding officer: the clerk will call the

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