Enterprise Zones
1991-07-23T01:59:49-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZmZiXC8xOTkxMDcyMzAyMDIxMzAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==The Senate Small Business Committee heard testimony from public policy academicians and members of federal and local government on the policy of enterprise zones, which were economically depressed areas that receive economic benefits from the federal government in order to attract business and investment. Questions had been raised on the effect of federal enterprise zone legislation on other cities or areas of cities which did not receive federal benefits. Secretary of Housing Kemp argued in favor of enterprise zones to encourage the creation of investment and business, which he called the essential element of a healthy tax base. Without a healthy tax base, cities may have failed economically, as Bridgeport, Connecticut did earlier in 1991, when it declared bankruptcy.
The Senate Small Business Committee heard testimony from public policy academicians and members of federal and local government on the polic… read more
The Senate Small Business Committee heard testimony from public policy academicians and members of federal and local government on the policy of enterprise zones, which were economically depressed areas that receive economic benefits from the federal government in order to attract business and investment. Questions had been raised on the effect of federal enterprise zone legislation on other cities or areas of cities which did not receive federal benefits. Secretary of Housing Kemp argued in favor of enterprise zones to encourage the creation of investment and business, which he called the essential element of a healthy tax base. Without a healthy tax base, cities may have failed economically, as Bridgeport, Connecticut did earlier in 1991, when it declared bankruptcy. close
People in this video
-
- Joseph McGee Administrator Connecticut->Economic Development
- Michael Murphy Alderman Milwaukee, WI
-
- Robert Trunzo Secretary Wisconsin->Development
Hosting Organization
Purchase a Download
Enterprise Zones
-
MP4 video - Standard
- Price:
- $9.99 or Free with MyC‑SPAN
-
MP3 audio - Standard
- Price:
- $0.99
Related Video
-
Enterprise Zones in Cities
Senator Kasten is the ranking Republican member of the Senate Small Business Committee. He discussed his proposal to est…
-
Urban Revitalization Program
President Bush spoke on his administration’s program for revitalizing America’s cities during a photo opportunity in the…
-
State of Urban America
The committee heard testimony on the condition of American cities and proposals to improve the lives of urban residents.…
-
Aid to America's Cities
Senate Majority Leader George Mitchell D-ME responded to reporters' questions during a news conference on the proposals …