Political Quotes

“Today I rise to urge the House to adopt my amendment, which would include the Helping Angels Lead Our Startups Act, otherwise known as the HALOS Act, into the underlying bill. The HALOS Act will promote access to investment capital for small companies and ensure that startups can continue to generate interest and connect with investors. It will do this by ensuring that demo days, pitch competitions, and community economic development events where there is no specific investment offering are not considered general solicitation under Reg D. In doing so, companies will be able to engage with a wider audience of investors and spread word of the products and services that they can offer to help develop a thriving and diverse economy. Small businesses are facing turbulent economic times. After surviving COVID, they are still dealing with the impacts of inflation, low confidence in the economy, and having to contend with many regulations which can stifle economic growth, prevent entrepreneurs from achieving their full potential, and frankly, prevent folks from living out their American Dream. Entrepreneurs and small businesses drive the American economy. In 2019, the SBA calculated that close to 44 percent of our GDP was the result of small businesses.…”