Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2007

Date: Dec. 6, 2007
Location: Washington, DC


MILITARY RESERVIST AND VETERAN SMALL BUSINESS REAUTHORIZATION AND OPPORTUNITY ACT OF 2007 -- (Extensions of Remarks - December 06, 2007)

[Page: E2512]

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SPEECH OF
HON. RON KLEIN
OF FLORIDA
IN THE HOUSE OF REPRESENTATIVES
WEDNESDAY, DECEMBER 5, 2007

* Mr. KLEIN of Florida. Madam Speaker, I rise today to support the Improve & Expand Small Business Assistance Programs for Veterans Act of 2007. America's veterans have given their best for this country, for the freedoms that we cherish so much, and we must give them our best in return.

* This legislation would expand the Small Business Administration's Office of Veterans Business Development in order to facilitate better business outreach to our Nation's veterans. The legislation requires that the SBA open two additional Veterans' Outreach offices in the coming year and expand opportunities for women veterans. It would also allow veterans to obtain reduced fee SBA loans.

* Approximately 5 percent of the 80 million small businesses in this country are owned by veterans. Veteran-owned small businesses have a higher success rate than other small businesses, perhaps because of the strong work ethic and value system that the military imbues in its soldiers. I support this legislation because it will help veterans to enter and compete in today's business world, and I urge my colleagues to support this legislation today.


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