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Public Statements

Access to Capital for Jobs Creators Act

Floor Speech

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Date:
Location: Washington, DC

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Mr. McCARTHY of California. It never ceases to amaze me. Not once, but twice today you have just taken two bills on the floor that have been through subcommittee and full committee unanimously and came down.

This bill accepted every single amendment that came to rules. This bill accepted Maxine Waters' amendment in the committee. Had the gentleman listened to the debate on the floor, you would have heard from your side of the aisle support of this bill. Had the gentleman talked and listened about this bill itself, this has nothing to do about lending. Let me tell you why.

When I was 20 years old I started my first small business. You know what the government does for a small business? If you're someone like me and you come from the wrong side of the tracks, they punish you. They tell you you can't go find money from an individual source unless you have a preexisting relationship. It dates back to 1933.

The only thing that this bill does is correct that problem. It opens it up for an individual that has to be accredited. This has nothing to do with lending.

I would tell the gentleman from the other side of the aisle, maybe you are not used to a regular order and an open order because your side of the aisle did not play that way in the majority. I will tell you, the committee acted as the American people wanted it to, unanimously, working on small business and job creation. America's looking for partnership, not partisanship.

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