WASHINGTON – The following statement was made by U.S. Small Business Administration Administrator Linda McMahon on House Passage of H.R. 1:
“I am encouraged by the positive action of the House passing H.R. 1 today, which is the first step in fixing the current outdated and burdensome tax-code. The legislative process is working, and I look forward to seeing the Senate act soon, so that Congress can reconcile the bills and get real tax- reform done for the American people. Real tax-reform means tax cuts for middle-class families; simplifying the code; and cutting taxes for businesses of all sizes so they can grow, create new jobs, raise wages for workers, and increase their competitiveness in the global marketplace…just as the President promised during the campaign.”
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About the Small Business Administration
The U.S. Small Business Administration (SBA) was created in 1953 and since January 13, 2012 has served as a Cabinet-level agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, the SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam. To learn more about SBA, visit http://www.sba.gov.