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| Economy Press Releases |
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07/27/2004 | Smith Announces U.S Small Business Administration Low Interest Loan Offers to Seventh District for May Storms
Rep. Nick Smith (R-Addison) announced today that the U.S. Small Business Administration (SBA) has declared that many counties in Michigan, including the seven counties in the Seventh Congressional District, constitute part of a disaster area due to damages caused by severe storms that occurred from May 20 to May 24. President Bush had previously taken action June 30 and signed a major disaster declaration following a review of the Federal Emergency Management Administration’s analysis of the state's request for federal relief. |
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06/30/2004 | Rep. Nick Smith Comments on Increased Interest Rates
Rep. Nick Smith (R-Addison) commented today after the Federal Reserve's policy-setting Federal Open Market Committee moved to increase the federal funds rate: |
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04/22/2004 | Small Business Survival Committee Honors Representative Nick Smith As "2004 Small Business Advocate"
One of the nation's leading small business advocacy organizations, the Small Business Survival Committee (SBSC), has presented Rep. Nick Smith with its "2004 Small Business Advocate" Award. The prestigious award is presented to Members of Congress who demonstrate a commitment to America’s small business and entrepreneurial sector by voting in favor of key legislation important to their growth and survival. |
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11/06/2003 | House Approves Smith Amendment to H.R. 1829
The House approved Congressman Nick Smith's amendment to the Federal Prison's Industries bill today. Smith (R-Addison), while serving in the Michigan State Capitol, was the Chairman of the Appropriations Subcommittee for the Department of Prisons. While there he increased the work requirement for prisoners and expanded prison industries. |
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01/29/2003 | Smith Comments on President’s State of the Union Address
U.S. Representative Nick Smith (R-MI) made the following statement about President George Bush’s State of the Union address. |
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01/07/2003 | Smith Comments on the President’s Economic Stimulus Proposal
"The President offered a bold proposal today to get the economy growing faster and creating jobs," Smith said. "While we’ll have to look at the details, many of the proposals look promising. |
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11/15/2002 | Smith Provisions Included in Bankruptcy Bill
U.S. Rep. Nick Smith said the bill will tighten up bankruptcy laws resulting in "savings for lenders and better deals for borrowers." Two of Smith's bills, the Parental Responsibility Act and making the farm Chapter 12 bankruptcy provisions permanent were both included. The legislation reforms loose bankruptcy laws that some have used to avoid debts they can afford to pay. Ending this abuse will reduce losses to lenders and reduce interest rates for consumers. |
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08/14/2002 | Smith Comments on Today's Corporate Deadline
U.S. Representative Nick Smith (R-MI) had the following comment on today’s deadline for America’s 947 largest companies to submit oaths of accountability and financial information to the U.S. Securities and Exchange Commission: |
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07/25/2002 | Smith Supports Corporate Accountability Bill
Today the U.S. House of Representatives passed H.R. 3763 the Corporate and Auditing Accountability and Responsibility Act, calling for more oversight of corporate accounting as well as stiffer penalties for executive crimes. U.S. Representative Nick Smith (R-MI) had the following comment: |
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07/16/2002 | Smith Calls for Government Accountability
Today U.S. Representative Nick Smith (R-MI) told his colleagues on the House Floor that the government is just as negligent as corporate America. "As we talk about corporate accountability, maybe it’s time to talk about government accountability. Let’s take this time to talk about what government is doing," Smith said. "We are not doing a good job managing their money or at being truthful to the public." |
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