Straight Talk: Government Shutdown Looming, SBIR Bill Introduced, 1099 Mandate Repealed
Monday, April 11, 2011
Weekly Update from Chairman Sam Graves
Click here to read it on the House Committee on Small Business' website.
|Weekly Update from Sam
We are just hours away from a
possible government shutdown. On Thursday, my House Republican
colleagues and I passed a short-term resolution to keep the government
running, cut $12 billion in spending and fund our troops for the rest of
Fiscal Year 2011. Thursday’s resolution is in addition to two long-term
resolutions House Republicans have already sent to the Senate. However,
Majority Leader Harry Reid and the Obama administration have yet to act
to approve a plan to keep the government open. It is my hope that we
can resolve the Fiscal Year 2011 appropriations as soon as possible, for
the long-term and with real spending cuts, so that we can get to work
on a responsible budget for next year that will boost confidence of
small businesses and get Americans back to work.
The Small Business
Committee continues to fight for rationale policies that will help small
business create jobs. On Wednesday, I wrote an op-ed for TownHall.com
on how stronger regulatory enforcement will help spur small business job
growth. Costly and burdensome agency requirements are stifling job
growth and slowing down economic recovery. This must be stopped. Click here to read the op-ed.
Latest Committee Action
On Wednesday, the House
Small Business Committee held a full committee hearing on the importance
of passing the pending trade agreements with Panama, Colombia and
Korea. Passage of the three trade agreements, among other things, means
an estimated $10 billion in GDP, an addition of 75,000 American jobs and
the ability for U.S. businesses to better compete in the international
marketplace. Click here to read more about how essential the trade agreements are for job growth and American competitiveness.
On Thursday, the Healthcare
and Technology Subcommittee, chaired by Congresswoman Renee Ellmers,
held a hearing to examine ways to better improve and strengthen the
Small Business Innovation Research (SBIR) and Small Business Technology
Transfer (STTR) programs that invest in small business technological and
scientific innovations so they can grow and create jobs. These
programs are set to expire on May 31.Click here to read more.
Next week, on April 13th,
the Committee will hold a full committee hearing entitled, How Tax
Complexity Hinders Small Businesses: The Impact on Job Creation and
Economic Growth. The hearing will focus on the difficulty entrepreneurs
have with the confusing tax code and how this hinders hiring and
economic expansion. To learn more about the hearing, click here.
News From Washington
1099 Mandate Repealed
This week the
Senate passed the House legislation (H.R. 4) to repeal the job-crushing
1099 mandate. This is great news for small businesses, and I am eager to
see it signed by the President. While our economy is trying to recover,
we should be doing everything to help small businesses thrive.
Repealing the 1099 paperwork mandate that was included in the onerous
ObamaCare law moves us in the right direction.Click here to read more about the 1099 repeal.
SBIR Reauthorization Bill
Congresswoman Renee Ellmers, who chairs the Healthcare and Technology
Subcommittee, introduced the Small Business Innovation and Research
(SBIR) reauthorization bill entitled, "Creating Jobs Through Small
Business Innovation Act of 2011” (H.R. 1425). SBIR will create American
jobs and spark economic growth— and without any additional federal
funding. To read more about SBIR reauthorization, click here.
House Passes Energy Tax Prevention Act
On Thursday, the
House passed the Energy Tax Prevention Act of 2011 (H.R. 910) by a vote
of 255 to 172. This bill stops the Environmental Protection Agency (EPA)
from using the Clean Air Act to impose costly greenhouse gas
regulations unilaterally. A national energy tax would be detrimental to
small businesses, especially in this economic climate. I was pleased to
cosponsor and vote for this legislation and hope the Senate will make
the responsible decision to pass it as well.Click here to read more.