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    This page contains letters signed by elected officials, usually written to the President or relevant members of Congress.

100519-Gov on May 19, 2010

Letter: Letter from 12 Governors to leaders in Congress
Source: Letter from 12 Governors to leaders in Congress
State Small Business Credit Initiative, which would strengthen innovative state programs that support small business lending. In our states, these programs are facing increased demand, yet the budgetary pressures we face have limited their ability to fill the credit gap left by the financial crisis. These innovative programs include those that augment collateral values for small businesses and manufacturers who have seen them decline as a result of the financial crisis, capital access programs that contribute to loan loss reserves that allow banks to expand credit to more businesses, and loan guarantee and other programs that help share risk with lenders that are willing to extend credit to viable small businesses, manufacturers and farms that are crucial to a strong recovery. By supporting these programs, the State Small Business Credit Initiative would leverage Federal funds several times over to enable billions in new lending to small businesses that can support new job creation. We urge you to take immediate action to increase small business lending in the United States. While our nation's economy continues to recover from this great recession, small businesses in our states continue to struggle to gain access to the credit they need to create jobs. We believe federal action is necessary to remedy this issue.

We strongly support a comprehensive package being considered that would include expanding the size of Small Business Administration loans and temporarily extending successful Recovery Act provisions reducing fees and raising guarantees for SBA loans, enacting tax incentives for small business investment, and a proposal for a $30 billion Small Business Lending Fund that would provide community banks with capital and incentives to increase lending to small businesses.

In addition, we especially want to convey our support for a new proposal for a


  • Topic: Jobs
  • Headline: Increase small business access to credit

  • Key for participation codes:
  • Sponsorships: p=sponsored; o=co-sponsored; s=signed
  • Memberships: c=chair; m=member; e=endorsed; f=profiled; s=scored
  • Resolutions: i=introduced; w=wrote; a=adopted
  • Cases: w=wrote; j=joined; d=dissented; c=concurred
  • Surveys: '+' supports; '-' opposes.



Democrats participating in 100519-Gov

Jennifer Granholm s1sMI Former Democratic Governor (2002-2010) 
Christine Gregoire s1sWA Former Democratic Governor (2005-2013) 
Ted Kulongoski s1sOR Former Democratic Governor (2002-2010) 
Joe Manchin III s1sWV Democratic Senator 
Deval Patrick s1sMA Democratic Governor 
Bev Perdue s1sNC Former Democratic Governor (2009-2013) 
Pat Quinn s1sIL Democratic Governor 
Bill Richardson s1sNM Former Democratic Governor (2002-2010) and Cabinet Sec'y 
Bill Ritter s1sCO Former Democratic Governor (2006-2010) 
Ted Strickland s1sOH Former Democratic Governor (2006-2010) 



Republicans participating in 100519-Gov

Jodi Rell s1sCT Former Republican 



Independents participating in 100519-Gov



Total recorded by OnTheIssues:

Democrats: 10
Republicans: 1
Independents: 0


















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