(Mr. DEUTCH asked and was given permission to address the House for 1 minute.)
Mr. DEUTCH. Mr. Speaker, small businesses are the backbone of America's economy. More than half of American workers are employed by small businesses. In fact, 99.7 percent of businesses in the United States employ fewer than 500 people.
When I talk to small business owners in south Florida, I'm always inspired by their entrepreneurial spirit and their tireless work ethic. It's for that reason, and it's no surprise, that 97 percent of American exports to other nations comes from products made by small businesses.
I've been a Member of Congress for exactly 5 months this morning, and the one fact in common for each of these 150 days has been that Republicans have inexplicably blocked tax cuts and better credit for America's small businesses. Every day that goes by without the Small Business Jobs and Credit Act is another day during which small business owners put off investing in new equipment, avoid hiring new workers, and see opportunities to expand pass them by.
It's time to pass this critical legislation so that small businesses can get back to doing what they do best--growing America's economy.