WASHINGTON – Today, Members of the House Small Business Committee joined together to introduce a bipartisan House resolution recognizing the Saturday after Thanksgiving, November 24, 2018, as “Small Business Saturday.” “Small Business Saturday is an incredible opportunity for communities to rally around the more than 30 million small businesses during the holiday season,” said Small Business Committee Chairman Steve Chabot (R-OH). “With two out of three net new jobs generated from small business...
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WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement in recognition of National Veterans Small Business Week; November 5-9, 2018. According to the United States Small Business Administration, there are 2.5 million veteran-owned small businesses in the United States, with a 3 percent growth from 2007-2012. “Our nation’s heroes work hard to preserve and protect the homeland. They deserve to have the necessary resources to bring their b...
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WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the United States Department of Labor announced an additional 250,000 jobs were added in October. “With 250,000 jobs added this October, unemployment remaining at 3.7 percent, and wage growth at the fastest pace in a decade, America's 30 million small businesses are experiencing a boost in economic growth like never before. I’m pleased to see the positive effects of our econo...
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WASHINGTON – House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the proposed rule on Health Reimbursement Arrangements (HRA) by the Departments of Labor, Health and Human Services, and the Treasury was published on October 29. “Since 2013, the year before many of Obamacare’s regulations and mandates took effect, premiums have doubled for Obamacare’s individual health insurance plans. For this reason, this rule is vital for the health of America’...
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WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after meeting with local members of the Ohio Franchise Business Network in Cincinnati, Ohio. The International Franchise Association invited Chairman Chabot to this meeting to update members on legislation affecting small business franchises. “Franchises bring together innovators, entrepreneurs, local communities, and brands by the opportunity they offer job creators. With 7.6 mill...
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WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) held a roundtable in Lebanon, Ohio, to examine the challenges and successes of women small business owners. The roundtable also celebrated the opening of the first Small Business Administration (SBA) Women’s Business Center (WBC) in Cincinnati. “While we on the House Small Business Committee celebrate all entrepreneurs, in October we also like to highlight the specific achievements of women-led companies. Wome...
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WASHINGTON – House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the gross domestic product (GDP) showed an annual growth rate of 3.5 percent in Q3: “Today’s report is a clear indicator that America’s small business owners and their employees are experiencing continued growth with consumer spending on the rise. This increase in consumer spending has a direct and positive impact on our nation’s 30 million small businesses. There’s no question that...
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WASHINGTON – House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement on the 30th anniversary of H.R. 5050, (Public Law 100-533), the Women’s Business Ownership Act, becoming law: “Women-owned and led businesses are growing at an extraordinary pace and we need to keep doing what we can to ensure their success. Before the law was passed women not only had few resources available to them as entrepreneurs, but even had to get a husband or male relative to co-s...
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WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) received the Champion of Small Business Investing Award from the Small Business Investor Alliance (SBIA) for his support of small business access to capital. “I am honored to receive an award helping small businesses gain the capital they need to start and grow their companies. Often when small business owners are struggling to finance their companies, the Small Business Investment Company (SBIC) program steps in ...
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WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the United States Office of Management and Budget (OMB) announced that President Trump’s regulatory reform efforts have saved Americans $23 billion in FY 2018. “As Chairman of the House Small Business Committee, I have been diligently working with the Administration to identify the impact new regulations have on small businesses, so we can effectively reduce unnecessary costs...
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