March 9, 2012
The United States of America has always been a country of innovators. This entrepreneurial spirit is the engine behind the nearly 40 million jobs created by startups over the last few decades, according to the Kauffman Foundation.
Unfortunately the number of new business startups is the lowest it has been in the past 17 years. That is why this week the House passed bipartisan legislation aimed at creating an environment that will allow startup businesses and small businesses to grow and create the jobs American workers need. HR 3606, the Jumpstart Our Business Startups Act (JOBS Act) passed the House of Representatives by a vote of 390-23.
In his State of the Union Address, President Obama called on the Congress to craft legislation on a bipartisan basis to help small businesses and entrepreneurs succeed. The JOBS Act does just that, and is supported by the President. It combines several pieces of legislation that garnered bipartisan support and provides the tools and resources small businesses need to grow, flourish, and create jobs.
Member of Congress