Small Business Committee Introduces 2018 National Small Business Week Resolution

WASHINGTON—The Leaders of the House Committee on Small Business this evening introduced H. Res. 840, celebrating next week as National Small Business Week. “Every day I hear the stories of hard working Americans who wake up at the crack of dawn and sacrifice so much to achieve their dreams,” said Chairman Steve Chabot (R-OH). “Employing nearly 48 percent of the private sector and creating almost 62 percent of new jobs, small businesses truly represent the American innovative spirit. When small businesses are strong, America is strong.” “America... [...]

Small Business Committee Analyzes American Infrastructure

WASHINGTON—Today, Chairman Steve Chabot (R-OH) convened a full Committee hearing to examine the small business perspective of the development and use of America’s infrastructure. The witnesses delved into how surface transportation and access to broadband promote economic growth among small businesses. “Innovations are transforming the movement of people, goods, and services. But it appears that our current transportation infrastructure system is stuck in a different generation,” said Chairman Steve Chabot. “Small businesses both create and rel... [...]

Small Business Committee Examines Report on SBA 7(a) Loans to Poultry Farmers

WASHINGTON – Today, Chairman Steve Chabot (R-OH) and the House Committee on Small Business heard from agency officials from the United States Small Business Administration (SBA) on the SBA Office of the Inspector General’s (OIG) March 6, 2018 report entitled, “Evaluation of SBA 7(a) Loans Made to Poultry Farmers.” “The subject of today’s hearing is further justification that more oversight of the SBA is needed to ensure that taxpayer dollars are preserved for small businesses that cannot qualify for traditional lending,” said Chairman Chabot. “... [...]

Out With the Old, In With the New (Tax Code)

Today marks the end of an era—an era of high taxes and a complicated tax code that has burdened small business owners and hardworking Americans for decades. Today will be the last day Americans file their taxes under the old and broken tax code. That’s right, because the Republican Congress worked with President Trump and his Administration, Congress overhauled the 31-year-old tax code and unleashed an economic revival across our nation. American small businesses employ about half the private sector workforce and create seven out of every ten n... [...]

Chabot Applauds FCC and Commerce Department's Actions Against Nefarious State-Sponsored Foreign Businesses

WASHINGTON--Today, Chairman Steve Chabot (R-OH) released the following statement on the Federal Communications Commission (FCC) and Department of Commerce's actions against state-sponsored foreign businesses: “As Chairman of the House Small Business Committee, I have long held concerns that China’s state-backed telecommunications firms pose a significant threat to America’s hardworking small businesses. There is little question that China’s telecoms firms undermine America’s interests—this is a threat to both our overall economy and our nationa... [...]