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  • Small Business Contracting Reform Is One Step Closer To Becoming Law
    Posted in Press Releases on December 20, 2012 | Preview rr

    House Small Business Committee Chairman Sam Graves (R-MO) today released the following statement on the House passage of the National Defense Authorization Act Conference Report, which includes contracting reform legislation reported by the Small Business Committee that will help increase contracting opportunities for small businesses: “Today’s vote brings us one step closer to our Committee’s contracting reform legislation becoming law. The federal government marketplace is full of great opport... Read more

  • Bloomberg Gov't: H.R. 6504, Loan Guarantees to Small Business
    Posted in Articles on December 18, 2012 | Preview rr

    Bloomberg Government: Bill Summary: H.R. 6504, Loan Guarantees to Small Business December 18, 2012 By Timothy R. Homan Limits for guaranteeing loans to participants in the Small Business Investment Company Program would be increased by $125 million under H.R. 6504. The measure would increase to $350 million, from $225 million, the cap on the amount of outstanding leverage allowed for two or more SBIC licenses that are under common control. The Small Business Administration’s SBIC Program is desi... Read more

  • Graves Statement on the SBIC Modernization Act of 2012
    Posted in Press Releases on December 18, 2012 | Preview rr
    Tags: Access to Capital

    House Small Business Committee Chairman Sam Graves (R-MO) today issued the following statement on House consideration of the Small Business Investment Company Modernization Act of 2012 (H.R. 6504): “Access to capital continues to be a challenge for many small businesses around the nation who want to grow and create jobs. The Small Business Investment Company Modernization Act of 2012 is common-sense legislation that will help infuse much needed investment capital into the private sector, at a ti... Read more

  • The Numbers Are Clear: The President's Proposal Is Destructive To Small Businesses
    Posted in Press Releases on December 13, 2012 | Preview rr

    The Numbers Are Clear... President Obama’s Proposal to Raise Tax Rates Destructive to Small Businesses In the midst of negotiations between the White House and Congress on a framework to provide for long-term deficit reduction, the President is calling for an increase on tax rates for earners in the highest two brackets. While many see this as a simple tax increase on the wealthy, it is actually a tax hike on small businesses that are considered “pass-through” entities, where business income is ... Read more

  • House Small Business Chairman Pushes Back on Essential Benefits Rule
    Posted in Articles on December 12, 2012 | Preview rr

    CQ: House Small Business Chairman Pushes Back on Essential Benefits Rule December 12, 2012 By Jane Norman Small businesses are concerned about the costs of the health care law’s essential health benefits provisions as more information emerges about how they will be implemented, according to a letter the chairman of the House Committee on Small Business is sending to the Obama administration. The Department of Health and Human Services unveiled a proposed rule on essential health benefits on Nov.... Read more

  • The Health Care Law & Small Businesses
    Posted in In Case You Missed It on December 6, 2012 | Preview rr

    The Committee Provides Tools To Help Small Businesses Overcome Health Care Compliance Challenges During a tough economic climate, small businesses face many challenges in order to grow and create jobs. One of those challenges is the 2010 health care law and its many mandates, regulatory hurdles, and burdensome requirements. The House Small Business Committee has produced a resource to help raise awareness about the law’s regulations and requirements for small businesses. These charts outline se... Read more

  • Graves in Reuters.com: The Regulatory Cliff Awaits
    Posted in Op-Eds on December 6, 2012 | Preview rr

    The Regulatory Cliff Awaits By Chairman Sam Graves Thursday December 6, 2012 As President Barack Obama’s first term ends and second begins, it is an opportune time to reflect on the cost and sheer volume of new red tape his administration has created; analyze its impact on small businesses, and prepare for what’s next. The Obama administration has pursued an active regulatory agenda. The overall regulatory burden is now $1.8 trillion annually, according to the Competitive Enterprise Institute, ... Read more

  • Small Firms Fret Over Higher Taxes
    Posted in Articles on December 6, 2012 | Preview rr

    The Wall Street Journal: Small Firms Fret Over Higher Taxes December 6, 2012 By Emily Maltby As President Barack Obama and Republicans in Congress debate how to address the nation's deficit and avoid the so-called fiscal cliff, some small-business owners are getting a chance to air their complaints. On Wednesday, 15 business owners made a case against Mr. Obama's proposal to allow tax-cuts to expire for those making upwards of $250,000. The House Committee on Small Business, headed by Rep. Sam G... Read more

  • The Hill: GOP-led committee releases guides for implementing health law
    Posted in Articles on December 6, 2012 | Preview rr
    Tags: Health

    The Hill: GOP-led committee releases guides for implementing health law By Elise Viebeck The House Small Business Committee is releasing documents to help businesspeople comply with President Obama's healthcare law. The panel's Republican leader, Rep. Sam Graves (R-Mo.), said his team is dedicated to helping small businesses meet requirements that will take effect in 2013 and 2014. "The healthcare law has been a drain on private sector job creation, but our committee will strive to help America’... Read more

  • What Small Business Owners Are Saying About The Fiscal Cliff
    Posted in In Case You Missed It on December 5, 2012 | Preview rr

    While the President and Congressional Republicans negotiate a plan to avoid the Fiscal Cliff, small business owners shared their opinions on the President’s proposal to raise taxes on income above $250,000 through the Committee’s interactive website, “Small Biz Open Mic.” There are about 31 million companies organized as “pass-through” businesses, where their business’ profits are taxed on the owners’ individual tax return. According to the Joint Committee on Taxation, the tax increase will aff... Read more