[Congressional Record Volume 159, Number 86 (Monday, June 17, 2013)]
[House]
[Page H3670]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SMALL BUSINESS WEEK
(Mr. SWALWELL of California asked and was given permission to address
the House for 1 minute and to revise and extend his remarks.)
Mr. SWALWELL of California. This week marks the 50th annual National
Small Business Week, where we recognize the importance of the
entrepreneurs and small business owners who work hard to fulfill the
promise of the American Dream.
I saw this firsthand as a Dublin planning commissioner and, later, as
a city council member, which is that, when small businesses get off the
ground and succeed, the entire community around them benefits and our
economy grows. In fact, more than one half of all Americans either own
or work for a small business, and they account for about two out of
every three new jobs created every year.
This Saturday, I went from storefront to storefront in downtown
Hayward to speak to local small business owners in my congressional
district. To help address the problems that I heard about--not having
enough capital to start up or not having enough business-to-business
transactions or foot traffic--I introduced the Main Street Revival Act.
My bill will allow certain small businesses to elect to defer paying
Federal payroll taxes in the first year of operation in order to help
offset their costs.
Small businesses form the backbone of our communities--opening new
storefronts, training American workers and selling goods in our
neighborhoods. It's through supporting them that we expand economic
opportunity and help make the American Dream a reality.
____________________