I thank the chairman for yielding. Jobs, jobs, jobs. That is why, Mr. Speaker, I rise today to express my support for the Micro Offering Safe Harbor Act. Whose side am I on? The tens of millions of folks who don't have jobs out there who want job opportunities. We know from some studies that, over the last 8 years of wrong regulation, 650,000 small businesses have not been created. That means 6\1/2\ million jobs, 6\1/2\ million people who are not paying Medicare tax, and 6\1/2\ million people who are not paying Social Security tax. We need these people in the game, Mr. Speaker, and this act can help them get into the game. This is an important piece of pro-jobs legislation, and I thank my colleague, Mr. Emmer, for introducing it. We all want our economy to become vibrant once again so it can generate opportunity and prosperity for all Americans. Unfortunately, regulatory burdens--both new and preexisting--often get in the way of raising capital and building a business. At hearing after hearing at the Financial Services Committee, we have heard from financial institutions that are unable to lend to small businesses or are afraid to do so. We have also heard from businesses that cannot find the capital they need to expand or to retool. All of this has an impact on jobs and wages as well as on our overall economy.…
On the recordNovember 9, 2017
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