Friends:
The 112th Congress officially convened on Wednesday. We have a big job ahead of us. Unemployment remains high and millions of people are out of work. Entrepreneurs are struggling to create jobs and grow their businesses amid threats of higher taxes and more unmanageable federal mandates. Our economic recovery has been erratic, at best.
For too long, leaders in Washington have taken advantage of the trust bestowed upon them by the American people and allowed our country to continue on an unsustainable path of record spending and debt. However, I am pleased to report that we took an important step this week to address the one of the greatest challenges facing our nation: runaway federal spending.
On Thursday, the House approved a resolution to cut Congressional budgets, a move that will immediately save taxpayers $35 million. As Chairman of the House Small Business Committee, I know that entrepreneurs have to make tough decisions each month to maintain a responsible budget and keep their businesses running. It is past time for the government to do the same. In the 112th Congress, the Small Business Committee will fight to help restore fiscal sanity in Washington and make sure the government is held to the same standards as American business owners and families.
Sam Graves
Ranking Member
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