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 American Sam... Read more »
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 businesses plans to increase investment ... Read more »
WASHINGTON – Today, the House Committee on Small Business heard from physicians about the administrative hurdles faced by small medical practices. “Methods such as prior authorization and step therapy were introduced to reduce unnecessary procedures, prevent overprescription of dangerously addictive drugs, and reduce human error,” said Ranking Member Steve Chabot (R-OH). “However, despite the rati... Read more »
Supporting Jobs and Communities Through the Clean Energy Economy WASHINGTON – Today, the House Committee on Small Business Subcommittee on Rural Development, Agriculture, Trade, and Entrepreneurship heard from a panel of experts and small business owners about the growing clean energy economy. “As a physician, I understand the importance of clean air for Americans’ health. At the same time, we mus... Read more »
WASHINGTON – Today, the National Federation of Independent Business (NFIB) released its July 2019 Small Business Optimism Index, which reports continued small business optimism and increased expansion, wage growth, and hiring. According to the July 2019 NFIB survey: 57 percent of owners reported capital expenditures, up three points from June 2019 32 percent reported higher worker compensation, up... Read more »
WASHINGTON - Today, House Committee on Small Business Ranking Member Steve Chabot (R-OH) released the following statement after the United States Department of Labor announced that nonfarm employment rose by 164,000 in July and hourly earnings increased by 3.2 percent over the past 12 months. In addition, the National Federation of Independent Business (NFIB) reported that 32 percent of small busi... Read more »
WASHINGTON – Today, the House Committee on Small Business Subcommittee on Rural Development, Agriculture, Trade, and Entrepreneurship heard from a panel of farmers and experts on the challenges facing the next generation of small agricultural businesses. “Communities in my district and across the country rely on 2.2 million farms in the United States. Of these, 88 percent are small, and only 20 pe... Read more »
WASHINGTON – Today, the House Committee on Small Business heard from a panel of experts and small business owners about the benefits of the 2017 Tax Cuts and Jobs Act. “When small business owners are using the Tax Cuts and Jobs Act to reinvest in their companies, their employees, and their communities, the intended effect of that legislation is being realized all across America,” said Ranking Memb... Read more »
WASHINGTON – Today, the House Committee on Small Business held a markup of legislation to provide vital protection for members of the military, veterans, and their spouses. All five bills passed through Committee by voice vote. “Today’s five bills focus on our nation’s heroes—our veterans, service-disabled veterans, Reservists, National Guard members, and their spouses… Increasingly, veterans are ... Read more »
WASHINGTON – Today, the House Committee on Small Business Subcommittee on Contracting and Infrastructure heard from small business owners and experts on the barriers and opportunities that exist for small business contractors in the federal procurement marketplace. “The federal government has long stood by the policy that the government should aid, counsel, assist, and protect the interests of sma... Read more »
