Luetkemeyer: National Small Business Week, Celebrating our Main Street Champions
Washington, September 14, 2021
WASHINGTON, D.C. – Today, in honor of "National Small Business Week," the House Committee on Small Business is holding a remote hearing titled, “National Small Business Week: Celebrating our Main Street Champions.”
Ranking Member Luetkemeyer's opening statement as prepared for delivery:
As Ranking Member of the Small Business Committee, it is an honor to work alongside my colleagues to create commonsense policies that uplift our nation’s small businesses while also protecting the American taxpayer. I understand the duty we have in fighting for deregulation, lower taxes, access to capital, and increased SBA oversight, especially in the wake of the pandemic.
As you all know, COVID-19 devastated small businesses with overreaching state and local shutdown measures and altered capacity restrictions. Through no fault of their own, small businesses have faced extreme challenges that are still ongoing. As a response, Congress has created numerous small business relief programs to provide much-needed assistance to Main Street U.S.A. Some of these programs, such as the Paycheck Protection Program (PPP), have successfully assisted millions of small businesses from coast to coast, providing hundreds of billions of dollars in assistance.
Unfortunately, small business continue to face increasing obstacles. NFIB’s August Jobs Report found that fifty percent of all small business owners reported job openings they could not fill in the current period, a record-high reading. Additionally, inflation continues to skyrocket to the highest rate in 30 years. And my Democrat colleagues continue to tout their reckless tax-and-spend spree, leaving struggling small business owners with the bill.