Graves, Small Business Committee Members Examine Small Business Tax, Health Care, and Regulatory Hurdles
House Small Business Committee Chairman Sam Graves (R-MO) today led the House Small Business Committee in a full committee hearing entitled, “Putting Americans Back to Work: The State of the Small Business Economy.”
“Reenergizing our economy and rekindling the American spirit of entrepreneurship must be the central focus of the 112th Congress,” said Chairman Graves. “The small business owners who create the majority of new jobs need a government that will work with them – not against them – to put our nation back on the path to prosperity.”
Chairman Graves added, “Entrepreneurs continue to rank taxes, regulations and health care costs as the greatest burdens to building their businesses. As we try to encourage a lasting economic recovery, we need to take immediate steps to address these critical issues and provide small business owners with some much-needed certainty. Today’s hearing allowed us to begin a conversation with American small business owners that will set the stage for future discussions about what must be done in Washington, D.C. to support businesses on Main Street.”
During the hearing, Committee members heard testimony from four small business owners from Florida, Illinois, Tennessee and Washington. Each entrepreneur offered a general overview of their business outlook and discussed the various tax, regulatory and federal policy hurdles that have slowed their ability to expand their operations and hire new employees.