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  • Straight Talk: 111th Congress Adjourns, Food Safety Legislation Approved and More...
    Posted in Press Releases on December 23, 2010 | Preview rr

    Click here to read the new edition of Straight Talk! Read more

  • Graves Welcomes New Members to House Small Business Committee
    Posted in Press Releases on December 22, 2010 | Preview rr

    House Small Business Committee Chairman-elect Sam Graves (R-MO) today announced the new Republican Members selected to serve on the House Small Business Committee in the 112th Congress. “As we work to put our nation back on the path to prosperity, the 112th Congress must pay special attention to addressing the challenges faced by our nation’s small businesses,” Graves said. “Members of the House Small Business Committee will play an integral role in shaping key policies that will help encourage ... Read more

  • Washington Post: Losing out in Latin America
    Posted in Articles on December 21, 2010 | Preview rr

    By Washington Post; At last, the Obama administration has cut a deal with South Korea, paving the way for congressional approval of a long-stalled free-trade agreement with that crucial Asian ally. Now, what about Colombia and Panama? Alas, the administration's answer still appears to be "not yet." White House spokesman Robert Gibbs announced Friday that the president would not be submitting the Colombia or Panama free-trade deals to Congress anytime soon, ostensibly because they don't command m... Read more

  • USA Today: Tax break may spur business spending, hiring
    Posted in Articles on December 21, 2010 | Preview rr

    By Laura Petrecca; USA Today One small provision in the new tax law could spur big-ticket business spending — and if a government analysis proves correct, bolster hiring. The "100% expensing" policy allows businesses in 2011 to fully write off "productive capital investments" such as delivery trucks, machines and aircraft rather than depreciate the cost over a period of years. With the immediate write-off, firms will have lower taxable income and more money to spend. A Treasury Department analys... Read more

  • UPI: Elections May Give Rise to Repeal of the New 1099 Requirements
    Posted in Articles on December 20, 2010 | Preview rr

    By Cheddy Wigginton; UPI The Patient Protection and Affordable Care Act included a requirement that may have businesses screaming on January 1st, 2012. The Patient Protection and Affordable Care Act, known as the Obama healthcare bill, included a requirement that should have businesses screaming beginning January 1, 2012. Although the new reporting requirement does not apply to payments made before 2012, compliance with the new 1099 reporting requirement may add significantly to a company’s pape... Read more

  • Washington Post: Congress passes extension of Bush-era tax cuts
    Posted in Articles on December 17, 2010 | Preview rr

    By Lori Montgomery; Washington Post Congress approved the most significant tax bill in nearly a decade late Thursday, overcoming liberal resistance to continue for two more years tax breaks enacted under president George W. Bush and to provide a fresh boost of federal support to the tepid economic recovery. The package, brokered by President Obama and Republican leaders in the wake of the November elections, angered many Democrats, who have long argued that the Bush tax cuts were skewed to benef... Read more

  • CNN Money: Make a seasonal job stick
    Posted in Articles on December 17, 2010 | Preview rr

    By Jessica Dickler; CNN Money Holding on to a seasonal job past New Year's Eve is almost as difficult as keeping all your resolutions. But Donna Marholz is hoping she will be among those who are lucky enough to land a permanent position next year. After losing her job two years ago, she has been looking for work ever since. She applied for a temporary position at Kohl's and was hired just for the holiday season "I was hoping for a full-time, permanent position," she said. "I took it because I ne... Read more

  • New York Times: Fed Proposes Rules to Cut Debit Card Fees
    Posted in Articles on December 17, 2010 | Preview rr

    By Eric Dash; New York Times The Federal Reserve, fulfilling a Congressional order to examine whether merchants were being charged excessive fees to process debit card transactions, proposed new rules on Thursday that analysts said could cut those fees as much as 90 percent. The Fed’s report went much further than the 50 percent reduction that Wall Street analysts had expected. Shares of Visa and MasterCard, which could come under increasing pressure from banks seeking to make up billions of dol... Read more

  • Straight Talk: Job-Killing Tax Hike Dead, Pork-Filled Omnibus Halted and More...
    Posted in Press Releases on December 17, 2010 | Preview rr

    Click here to read the new edition of Straight Talk! Read more

  • Graves Votes to Protect Small Businesses and Family Farmers from Higher Taxes
    Posted in Press Releases on December 16, 2010 | Preview rr
    Tags: Taxes

    House Small Business Committee Ranking Member Sam Graves (R-MO) tonight voted in favor of legislation to extend critical tax provisions for small businesses and family farmers. The Senate version of H.R. 4853 passed the House by a vote of 277 to 148. “I am pleased that Congress and the Administration were ultimately able to work in a bipartisan manner to protect the American people from more devastating tax increases. While I would have preferred a permanent extension for all taxpayers, this bil... Read more