Roskam Applauds Passage of Access to Capital for Job Creators Act And Talks of Oct. Jobs Report

From the office of Rep. Peter Roskam (R, Illinois 6th District)…

WASHINGTON, D.C. – Chief Deputy Whip Peter Roskam (IL-06), issued the following statement after the House passed H.R. 2940 – the Access to Capital for Job Creators Act – to increase accessibility to capital for small businesses to allow for growth and job creation. The legislation, introduced by Majority Whip Kevin McCarthy, would free potential small business investors from paying high registration costs with the Securities and Exchange Commission (SEC).

“The House has passed yet another bipartisan solution that removes barriers to job creation for small businesses and entrepreneurs. The Access to Capital for Job Creators Act would ensure small businesses have additional access to capital they need to keep our economy moving. By reducing excessive Washington-imposed regulations, businesses will be able to grow and innovative, bolstering the pro-growth environment needed to improve the economy and create jobs. Instead of continuing to play politics, I urge Senate Democrats to vote on this promptly, as well as the “Forgotten 15” jobs bills that remain stalled in the Senate.”

Roskam also issued a statement after the Department of Labor released their October jobs report showing the national unemployment rate is 9%:

“Nine percent national unemployment is the latest reminder that Senate Democrats need to immediately take up the House’s “Forgotten 15” job-creating bills that are still stalled in the Senate. House Republicans have passed significant bipartisan commonsense solutions that would remove barriers to job creation for America’s economy – yet the Senate still refuses to act.

“Our economy is still suffering from the over-taxing, over-regulating and over-spending policies of the last years from the Democrats that have run Washington. It’s been over two and a half years since the stimulus first passed, yet trillions in debt later, unemployment is still 9% – well above the 8% peak promised by this Administration.”

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