By Vicki Needham - 03/17/10 02:52 PM EDT
Senate Small Business and Entrepreneurship Chairman Mary Landrieu (D-La.) outlined several bills today approved by her committee designed to help small businesses. "It's time that this Senate and Congress move the third jobs bill and as a focus on small business in America," she said Wednesday on the Senate floor.
Landrieu said her committee has approved five measures during the past several months, all on bipartisan votes aimed at bolstering small businesses.
"Let's get our eyes off of Wall Street and get our eyes on Main Street," she said. "The people who have really suffered are small businesses."
Update 11:30 a.m.: Landrieu said "if we really are serious about creating jobs then our focus, our effort, our work should be on the millions of small businesses out there." She suggested some tweaking including an export initiative, regulation reform and loan pools that could help small businesses "expand and grow jobs."
Not included in the five-bill package is reform of credit card interest rates for small business, which Landrieu said is under the jurisdiction of the Senate Banking, Housing and Urban Affairs Committee. She said small businesses shouldn't be paying 20 percent interest rates on credit cards. "We're going to do something about it," she said. "I promise you it's coming."