In Case You Missed It

National Defense Bill Becomes Law, Includes Key Small Business Provisions

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WASHINGTON, D.C. – In case you missed it, last week, the National Defense Authorization Act (NDAA) was signed into law for Fiscal Year 2022, which incorporated several small business provisions including: Sec. 876: Protests and appeals relating to eligibility of business concerns This provision requires small business concerns to update their status in the System for…

Luetkemeyer Discusses Secretary Yellen’s Neglect for Small Businesses with Charles Payne

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WASHINGTON, D.C. – Yesterday, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the House Small Business Committee joined Charles Payne on Fox Business’ ‘Making Money’ to discuss Treasury Secretary Janet Yellen’s continued failure to appear in front of the House Small Business Committee to discuss the Paycheck Protection Program despite a legal obligation to do…

Reps. Luetkemeyer, Brady, Smith Applaud Senate’s Bipartisan Opposition to Tax Hikes on Small Businesses

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Senate approves Sen. Daines’s amendment protecting against tax hikes, preserving TCJA’s 20 percent small business tax deduction WASHINGTON, D.C. – In case you missed it, House Small Business Committee Republican Leader Rep. Blaine Luetkemeyer (R-MO), Ways and Means Republican Leader Rep. Kevin Brady (R-TX), and Budget Committee…

Fox Business - Yellen under fire for failing to testify about COVID relief funding on Capitol Hill

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Treasury Secretary Janet Yellen is under fire for missing an April deadline to testify before the House and Senate Small Business Committees, even though she is required to do so under the coronavirus relief bill law passed by Congress in December.  The $900 billion stimulus bill, which former President Donald Trump signed into law on Dec. 27, 2020, stipulates that the…

What They Are Saying: Small business organizations speak out against Democrats' partisan minimum wage overhaul

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WASHINGTON, D.C. - Yesterday, the House Small Business Subcommittee on Oversight, Investigations, and Regulations held a hybrid hearing titled “Perspectives from Main Street: Raising the Wage” where Republican Members explained the negative impact a federal minimum wage mandate would have on our nation's small businesses. In addition to testimonials from…

Committee Republicans Sign Letter Urging SBA to Deny PPP Loans for Abortion Providers, Luetkemeyer Co-Leads

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WASHINGTON, D.C. – Last week, House Committee on Small Business Republican Members signed a letter sent to the Small Business Administration (SBA) requesting information on past and potential future Paycheck Protection Program (PPP) access for Planned Parenthood Federation of America (PPFA) and other ineligible abortion-providing organizations. Ranking Member Blaine Luetkemeyer…

ICYMI: MetLife & U.S. Chamber of Commerce Index Shows Record High Small Business Optimism

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WASHINGTON – Released yesterday, the MetLife & U.S. Chamber of Commerce Small Business Index fourth quarter report showed an all-time high in overall optimism among American small business owners. According to the Q4 report:  Overall optimism reached 71.3, up 0.6 points, the highest score since the survey’s inception in 2017 59 percent of small business owners say…

ICYMI: District Work Period Roundup with Republicans on the Small Business Committee

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WASHINGTON – During the recent district work period, Republican Members of the House Committee on Small Business met with numerous local small business owners, who told them about the need for workforce development, the success of the Tax Cuts and Jobs Act, and how they are reinvesting in their company and employees. Here are some highlights: Rep. Amata Radewagen (R-AS) visited one of…

ICYMI: MetLife & U.S. Chamber of Commerce Small Business Q3 Index Records All Time High Optimism

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WASHINGTON – Earlier this week, the MetLife & U.S. Chamber of Commerce Small Business Index recorded the highest optimism score since the creation of the index. According to the Q3 index: Overall optimism increased to 70.7, rising two points from Q2. 38 percent of minority-owned small businesses plan on hiring in the future. One in three veteran-owned small…