House Proceeding on Sep 4th, 2007 :: 0:29:18 to 0:34:09
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0:29:04 to 0:29:18( Edit History Discussion )

from new york rise? ms. velazquez: mr. speaker, i move to suspend the rules and pass the bill h.r. 2993 , to re-authorize and modernize the international trade programs of the small business administration.

0:29:18 to 0:29:31( Edit History Discussion )

Nydia M. Velazquez: the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 2992, a bill to amend the small business act to improve trade programs, and for other purposes. ms. velazquez:

0:29:18 to 0:34:09( Edit History Discussion )
Speech By: Nydia M. Velazquez

0:29:31 to 0:29:41( Edit History Discussion )

Nydia M. Velazquez: i yield myself such time as i may consume. the speaker pro tempore: excuse me. did the gentlelady intend to call up the bill? as amended? ms. velazquez: correct. the speaker pro tempore: the

0:29:41 to 0:29:55( Edit History Discussion )

Nydia M. Velazquez: clerk will report the title. you've got that. pursuant to the rule, the gentlewoman from new york, ms. velazquez, and the gentleman from ohio, mr. chabot, will both control 20 minutes. the chair

0:29:55 to 0:30:01( Edit History Discussion )

Nydia M. Velazquez: recognizes the gentlewoman from new york. ms. velazquez: mr. speaker, i ask unanimous consent that all members may have five legislative days to revise and extend their remarks and includ e extraneous

0:30:01 to 0:30:15( Edit History Discussion )

Nydia M. Velazquez: material on the bill under consideration. the speaker pro tempore: without objection. ms. velazquez: mr. speaker, i yield myself such time as i may consume. international trade is a key part

0:30:15 to 0:30:29( Edit History Discussion )

Nydia M. Velazquez: of our economic future and competition in the global marketplace would only increase in the years to come. consequently, our country's facing many decisions concerning how we will engage in transnational

0:30:29 to 0:30:40( Edit History Discussion )

Nydia M. Velazquez: commerce. to utilize resources effectively and secure our industry's leadership, it is critical that the nation's trade strategy incorporates a key source of innovation in world markets, small

0:30:40 to 0:30:53( Edit History Discussion )

Nydia M. Velazquez: businesses. i want to thank representative hall for introducing this legislation. he has been a strong supporter of trade policy that will benefit all americans. small businesses that generate

0:30:53 to 0:31:08( Edit History Discussion )

Nydia M. Velazquez: and develop new products have shown that they can lead the way in building entire industries. they represent virtually all of the country's exporting firms, improving our trade balance

0:31:08 to 0:31:22( Edit History Discussion )

Nydia M. Velazquez: and introducing u.s. products to consumers across the world. with all of their success, these firms still face barriers to maintaining domestic and international markets. as a result although

0:31:22 to 0:31:37( Edit History Discussion )

Nydia M. Velazquez: entrepreneurs are nearly 1 00% of export firms, they generate less than 1/3 of revenues from these activities. given their contributions, it is critical that entrepreneurs are considered

0:31:37 to 0:31:55( Edit History Discussion )

Nydia M. Velazquez: in the nation's strategy and that obstacles to their competitiveness are removed by enhancing the small business administration focus to reflect the international demands of small businesses, h.r.

0:31:55 to 0:32:07( Edit History Discussion )

Nydia M. Velazquez: 2992 will ensure that entrepreneurs are able to effectively incorporate trade into their business strategy. the s.b.a. trade programs act of 2007 will provide small firms with a competitive set of

0:32:07 to 0:32:22( Edit History Discussion )

Nydia M. Velazquez: tools to thrive in a marketplace without borders. it will assist them to overcome trade barriers by enhancing their access to export financing, counseling, and technical assistance programs. the

0:32:22 to 0:32:41( Edit History Discussion )

Nydia M. Velazquez: s.b.a.'s mandate is also expanded to ensure entrepreneurs participate on a level playing field as they face global competition. to make certain that small businesses have access to newly opened

0:32:41 to 0:32:54( Edit History Discussion )

Nydia M. Velazquez: world markets, h.r. 2992 requires the agency to incorporate entrepreneurs into trade policies and plans. the bill increases trade finance resources and the size of international trade loans which will

0:32:54 to 0:33:08( Edit History Discussion )

Nydia M. Velazquez: facilitate small exporters overseas transactions . these improvements will help ensure that the nation's trade promotion strategy supports and benefits from u.s. small businesses. small firms

0:33:08 to 0:33:22( Edit History Discussion )

Nydia M. Velazquez: play a crucial role in promoting the global competitiveness of our country's industries, including them in the development of the u.s. trade policy will both support the growth of the nation's

0:33:22 to 0:33:37( Edit History Discussion )

Nydia M. Velazquez: economy as well as to reduce the trade deficit. effective trade strategies, enforcement assistance, and export promotion resources will ensure small business contributes to maintaining the nation's

0:33:37 to 0:33:46( Edit History Discussion )

Nydia M. Velazquez: global leadership. doing so will guarantee that benefits of free trade are more widely distributed to not only businesses but also more of our nation's communities. i strongly urge support

0:33:46 to 0:33:58( Edit History Discussion )

Nydia M. Velazquez: of this legislation and i reserve the balance of my time. the speaker pro tempore: for what purpose does the gentleman from ohio rise? mr. chabot: strike the last word. i yield myself such

0:33:58 to 0:34:09( Edit History Discussion )

Nydia M. Velazquez: time as i may consume. thank you. mr. speaker, i rise today in support of h.r. 2992, the s.b.a. trade programs act of 2007. the committee worked in a cooperative and bipartisan basis to

0:34:09 to 0:34:19( Edit History Discussion )

Steve Chabot: bring these changes in the s.b.a.'s operation of its progra to enhance small business participation in the global economy. h.r. 29992 represents the small business committee's commitment to

0:34:09 to 0:36:10( Edit History Discussion )
Speech By: Steve Chabot