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Statements

Statement of Rep. Evans on a Review of SBAs 504/CDC Loan Program

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“A Review of SBA’s 504/CDC Loan Program”  Statement of the Hon. Dwight Evans, Ranking Member  United States House of Representatives, Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access Thursday June 29, 2017 at 10:00 am In order for small firms to play their traditional, job-creating role, a number of factors must be in…

Reimagining the Health Care Marketplace for Americas Small Businesses

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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…

Opportunity Rising: the FAAs New Regulatory Framework for Commercial Drone Operations

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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…

Statement of Rep. Alma Adams: IRS Puts Small Businesses through Audit Wringer

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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…

Statement of Rep. Alma Adams: The Cumulative Burden of President Obamas Executive Orders on Small Contractors

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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…

Statement of Ranking Member Nydia Velzquez before Committee hearing on SBA's Disaster Loan Program

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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…

Statement of C&W Subcommittee Ranking Member Mark Takai before Subcommittee hearing on Transactional Data Rule

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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…

Statement of Ranking Member Nydia Velzquez before Committee hearing on Contracting and the Industrial Base

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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…

Statement of Ranking Member Nydia Velzquez before Committee hearing on Military Veteran Entrepreneurship

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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.   …

Statement of Ranking Member Nydia Velzquez before Committee hearing on SBA Programs

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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…

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