la de velázquez del comité para que vigile porque muchos hispanos quedarían fuera de este nuevo programaprograma no les va a ayudar. >> otro problema que los deudores ha sido por falta de información caen esas estafas. >> son estafadores básicamente en las raíces, o abogados que le garanticen una modificación a clientes o dueños de casa, si le dicen que no paguen, y que se traduce ballet al agente de bienes raíces. por abogado. y no hace nada. pierden los dos desde washington fernando pizarro univisión. >> el alto índice de desempleo ubicadas en los habitantes de california recorrió los trabajos temporales. algunas personas acuden a los centros comerciales para conseguir un trabajo durante la época de fin de año, les los angeles osvaldo granos amplió la información. es muy probable que en un día de octubre usted no esté pensando en la navidad, la realidad es que con el año que ha transcurrido y lo que se refiere la crisis económica papá noel y los centros comerciales será el último en su mente, y quedar un trabajo. recuerde que en california más de los miles de personas que están buscand

velazquez: i thank the gentleman for yielding. at a time when the american people are crying out for action on jobs, we are debating legislation that will take away women's fundamental reproductive rights. the legislation before this house goes far beyond that, restricting for the first time how women with private insurance can spend their own private dollars in purchasing insurance. for women, this bill constitutes nothing less than a full-fledged assault on their right to choose. madam speaker, with eight million unemployed in this country, with wages going down, poverty is on the rise, and this is all that the republicans have to offer. this is why people are literally in the streets demanding solutions to the job crisis, seeking greater opportunity and an end to economic inequality. the american people do not want ideological posturing. they want real solutions that create real jobs. vote down this legislation. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from pennsylvania. mr. pitts:

and our champion on small business in the house, chairwoman nydia velazquez. steny, as you know, has championed make it in america. he's been a deficit hawk. he's here to talk to us about that. >> thank you very much, madam leader. big, bold and balanced, i hope that's the committee is focused on what we call the select committee on deficit reduction or affectionately known as the supercommittee. it's a supercommittee that has been given extraordinary powers to come up with things to be considered and 51 members of the senate can pass it. if a majority of the senate agrees it will pass. a majority of the house agrees it will pass and go to the president. i am hopeful that they will be successful. failure ought not to be an option. this is absolutely critical in my opinion, for the fiscal health of economy and for the economy of america and to restore america's confidence in our ability to face tough issues successfully. it will also in my opinion restore the confidence of the international community in america's ability to manage its finances and to lead as th

chairman and ranking member, velazquez.i wanted to give my comments recognizing the great an extra work. $3 billion in annualized average. remains untapped. i understand that that early stage innovation and investment funds intended to leverage a portion of that existing and untapped authority with the help of propelling it into the hands of start-ups and the entrepreneurial that we need to be successful. i no there are some of strains that indicate the need for released its capital equity financing for small businesses summer in the neighborhood of $60 billion annually. also trying to encourage new start-ups and the small businesses. so particular, just to give you an example, seemed technologies which has developed an anti microbial material to be used on medical devices to combat health care associated with sections with huge potential for serious in health care and housing. they have been working with as bse. i'm just wondering how the early says innovation impacted the investment fund would help a company like that rea

i yield back. >> ranking member velazquez. >> thank you, mr. chairman.dam administrator, since -- [inaudible] rates typically rise during economic downturn, you might expect to see a rise in lending for, to such entrepreneurs. however, small dollar loans and loans to start-ups decline as a percentage of sba lending last fiscal year. does this mean that the agency's shifting away from making these type of loans and focusing on larger loans? to more -- >> no -- >> -- established, mature companies? >> >> no. the agency believes as you do that there is a gap in small dollar loans. and, in fact, one of the real reasons for the high unemployment right now is that we are down about 100,000 new business starts. >> uh-huh. >> so we have been extremely concerned, as i know you have been, about the fact that the market did not come back. and that's why we came out with this three-pronged approach -- >> okay. >> -- to promote small -- >> i hear you. so why is it that last year sba spent nearly $70 million, 84% of your 7a loan subsidies on 7a loan of $1 million or mo

going back to what the ranking member velÁzquez was talking about, the spike in net lending that youhad at the end of the first quarter of fy 11 and then as december 31st, 2010, the precipitous drop in lending that i think the figure she used was half of your landing took place in that first three months for the entire fiscal year, and some of the information that i've been given is that sba used to come to the congress so that you would get an appropriation to cover to waive the up front border were fees on the 7a program but you didn't do it this time and i've been told to have $500 million of money you might have been used to alleviate some of that and i just curious as our economy was going the way that it was why you chose not to ask for that appropriation at that point or why you didn't use the 500 million in the jobs that money to the estimate i assure you we used every penny of that money for the reduction that we possibly could. >> is there a reason you didn't ask for a waiver or didn't ask us for an appropriation to waive the opponent borrowing fee? >> we did with all of th

la escuela de trovadores como la han bautizado los propios estudiantefue fundada por el profesor velazquezpr tengo conmigo. >> quien mÁs influyÓ en ese gusto de la comida cubana fue lourdes. fue su mamÁ. >> tengo una receta increÍble que me la dio mi abuelo, mi uela >> mi mamÁ, mi abuela tenÍan una receta increÍble de arroz con pollo. mucha gente en mi familia que le gustaba cho! y hasta ahora... la comida, el cocinar. >> los frijoles me gustan. chile. donde crecen s mejores frijoles negros en cuba. y yo pensÉ es perfecto para empezar una comida. su sazÓn, sus especias y frijoles traspasan fronteras. >> sÍ, quÉ te parece la comi cubana en australia. me gustarÍa estar en mÁs ciudades de los estados unidos. y a lo mejor un dÍa nder a mÉxico, cadÁ. >> dice que hay un largo camino por recorrer, ya sueÑa n su propio restaurante y su propio programa de cocina. >> este era solo el aperitivo porque ahora vienen ingrid y karla con mÁs y más de cocina. ♪ ♪ >> me gustÓ esa transición muy buena. vamos a hablar de la quÍnua o quinoa como le dicen muchos. precisente ingrid hoffmann nos va a preparar...

no one has led better than nydia velazquez in this -- >> we're leaving as the house and senate are convened joint meeting to hear from the president of south korea, lee myung-bak. this is live coverage on c-span. the speaker: the joint meeting will come to order. the chair appoints as members of the committee on the part of the house to escort president lee into the chamber, the gentleman from virginia, mr. cantor, the gentleman from california, mr. mccarthy, the gentleman from texas, mr. hensarling, the gentleman from california, mr. dreier, the gentlewoman from florida, ms. ros-lehtinen, the gentleman from michigan, mr. camp, the gentleman from california, mr. mckeon, the gentleman from illinois, mr. manzullo, the gentleman from california, mr. royce the gentleman from texas, mr. brady, the gentlewoman from texas, ms. granger, the gentleman from washington, mr. reichert, the gentlelady from california, ms. pelosi, the gentleman from maryland, mr. hoyer, the gentleman from connecticut, mr. larson, the gentleman from california, mr. becerra, the gentleman from maryland, mr. van hollen, the

as i leave the committee, i want to thank ranking member velazquez for her help and support during my time on the committee, and i look forward to continuing to work on small business issues through my new committee assignments in the months ahead. the speaker pro tempore: the chair recognizes the gentleman from pennsylvania, mr. thompson, for five minutes. mr. thompson: thank you, mr. speaker. request permission to revise and extend. the speaker pro tempore: without objection. mr. thompson: mr. speaker, i rise to recognize matt porter of state college, pennsylvania, the 2011 recipient of the national down syndrome society dan piper award. dan piper was a young man born with down syndrome who spent his life advocating on behalf of himself and others. he sadly passed away in 2002. in order to celebrate dan's life, the dan piper award was created to recognize and celebrate an individual with down syndrome that has made similar contributions to down syndrome awareness and advocacy. today i'm pleased and proud to recognize my constituent, matt porter. as the 2011 recipient of this great h

. >> chairman graves, ranking member velazquez and members of the committee thank you for the opportunity to appear before you today to discuss the impact of gps users and industry. my name is tim taylor. >> make sure your mike is on. >> is that better? >> my name is tim taylor and i'm president and chief executive officer. today i have the privilege of also representing the aircraft electronics association represents more than 1300 businesses worldwide including ave i don't knowics manufacturers repair stations distributors and schools. of these more thaling 80% are small business. my company free flight system is the manufacturer for commercial aircraft and was the first company to certify an air borne sever. free flight systems specializes in gps navigation systems sensors radios. our entire industry has been working toward the implementation of gps based navigation and landing system force over a decade. this next jen is predicated upon the availability of ultra high integrity gps information which has in turn been made possible by some 30 years of bork in gps technology that lives on

. >> well, thank you very much, chairman and ranking member velÁzquez and members of the committee.thank you for asking me to testify on access for capital to small business. for the fiscal year that just closed, the sba hit an all-time record in the 60 year history. we supported over 30 billion in lending to 60,000 small businesses, and we brought back 1200 lenders mostly community banks and credit unions who had not made a sba loan since 2007. we also had a record year in the small business investment company program that nearly 2.6 billion in overall financing. this is a zero subsidy program that targets high-growth small businesses, the main driver of the net new jobs. today come sba's lending volume is back at the pre-recession levels. however, it is our agencies continued obligation to identify and fill gaps where the market is not working. this is particularly true for low dollar loans and loans to businesses in underserved communities. and as i describe this effort i want to be sure that the committee understands that all of the sba's programs and initiatives have been imple