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Rep. Nydia M. Velázquez (D-NY), the ranking Democrat of the House Small Business Committee, made the following remarks today at a hearing titled, “Reimagining the Health Care Marketplace for America’s Small Businesses”: “Thank you, Mr. Chairman.   Seven years ago, the President signed into law the Affordable Care Act.  Since then, about 22… Read more »

Statement of the Hon. Alma Adams “Opportunity Rising: the FAA’s New Regulatory Framework for Commercial Drone Operations” September 27, 2016 Thank you, Mr. Chairman for holding this important hearing. As we have progressed further into the 21st century technology has become increasingly sophisticated. The development of said technology has brought new… Read more »

Thank you Mr. Chairman for holding this valuable hearing which follows up on the Subcommittee on Economic Growth, Tax, and Capital Access hearing held in June.  During that hearing, there was testimony from several witnesses about the difficulties associated with a tax audit. While tax audits serve an important purpose in the IRS’s role to enforce and collect taxes, the… Read more »

Thank you, Mr. Chairman for holding this important hearing.   Each year the Federal government spends over $400 billion in taxpayer dollars to pay private companies for goods and services.  In the past, Congress has used this significant financial might to help drive forward a number of policy goals.   One such policy goal that is a priority for this Committee and… Read more »

Statement of the The Honorable Nydia Velazquez Oversight of SBA’s Disaster Loan Program Committee on Small Business Wednesday, July 8, 2015 Natural disasters profoundly disrupt our lives and affect tens of thousands of households every year.  These unanticipated events leave families and small businesses facing significant costs when rebuilding. Typically, insurance covers… Read more »

Statement of Representative Mark Takai, Ranking Member Subcommittee on Contracting and Workforce Hearing on GSA’s Proposed Rule on Transactional Data and its Effect on Small Businesses June 25, 2015 Thank you, Mr. Chairman.   The federal procurement marketplace provides an important customer base for small businesses.  For many firms, getting listed on the General… Read more »

STATEMENT of the Honorable Nydia M. Velázquez, Ranking Member House Committee on Small Business Contracting and the Industrial Base Thursday, February 12, 2015 A vibrant industrial base and manufacturing sector is essential to the U.S. economy.  Responsible for 12 percent of GDP, jobs in these industries pay 25 percent more than other jobs.  It comes as no surprise to… Read more »

STATEMENT of the Honorable Nydia M. Velázquez, Ranking Member House Committee on Small Business “Military to Entrepreneurship: Private Sector Initiatives to Help Veterans Pursue Business Opportunities” Wednesday, May 7, 2014 By developing new products, advancing research and creating new markets, entrepreneurs are an important force in our economy.   … Read more »

STATEMENT of the Honorable Nydia M. Velázquez, Ranking Member House Committee on Small Business SBA-created Initiatives: Necessary or Redundant Spending? April 30, 2014 For more than 50 years, the SBA has been assisting America’s entrepreneurs and small business owners.  By providing loans, training, and contracting opportunities, the agency has helped create new… Read more »

STATEMENT of the Honorable Nydia Velazquez, Ranking Member House Committee on Small Business Release of Committee's Report on the Impact of the Ryan Budget on Small Businesses Wednesday, April 9, 2014 If there is one number that you take away from this press conference, it is that the Ryan Budget would cost our economy well over a quarter a million small business jobs.  Far from… Read more »