Saturday, November 5, 2011

Creating Opportunity for Entrepreneurs

By Rep. Rick Crawford (R-AR-01): This week the House voted on two bills that will give small businesses more flexibility to expand their business and create jobs.

H.R. 2940, The Access to Capital for Job Creators Act, eases a ban by the Securities and Exchange Commission that prevents small, privately held companies, from advertising for investors. The bill will help entrepreneurs and small business owners access the capital they need to be innovative and ultimately create jobs. Small businesses, not the federal government, are the primary source of job creation for our country.

H.R. 2930, The Entrepreneur Access to Capital Act, improves access to capital for small businesses and ensures that government is allowing small businesses to obtain the investment capital they need to finance their operations. The bill would allow Americans the freedom to invest in cutting edge startup companies without having to go through Wall Street.

Both of these bills will be a shot in the arm for our economy. Government should work to complement the business environment. The two measures passed by the House this week will make it easier for entrepreneurs to launch their ideas and generate new American jobs.
Efforts to ignite economic growth are well underway in Congress. My focus is on a simple set of principles that will get government out of the way and encourage innovation:

1. Empower small businesses by reducing government regulations that are barriers to job creation
2. Fix the tax code so job creators can hire new employees
3. Maximize American energy production instead of relying on foreign sources
4. Boost competitiveness for American manufacturing by opening new markets for trade
5. Pay down our nation’s unsustainable debt burden and start living within our means

In these tense economic times we must remember there is nothing wrong with America that cannot be fixed by Americans. We are the country that started the Industrial Age, finished the Panama Canal and put a man on the moon. Working together we can unleash the American entrepreneurial spirit and put our country on the road to sustained economic prosperity.

Tags: Rick Crawford, Representative, Arkansas, H.R. 2940, The Access to Capital for Job Creators Act

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