Overall, these provisions will pump about $16 billion in loans and venture capital into small businesses in our communities, creating or saving thousands of jobs. But we must do more. We are both committed to working together to provide entrepreneurs with the necessary tools to lead us out of this recession. We are working with the administration to reauthorize the Small Business Administration and its critical programs. These initiatives assist entrepreneurs in starting and growing businesses and are responsible for creating more than 1.5 million jobs last year. While corporate giants get the headlines, we do not want our Main Street businesses owners n the breadlines. We cannot forget the unwritten stories of small businesses that are forced to shut their doors. We must focus our energy on strengthening our nations small businesses, which are key to revitalizing Americas economic prosperity. Sens. Mary Landrieu (D-La.) and Olympia Snowe (R-Maine) are chairwoman and ranking member, respectively, of the Senate Small Business and Entrepreneurship Committee.
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.