[Congressional Record (Bound Edition), Volume 158 (2012), Part 3]
[House]
[Page 3159]
[From the U.S. Government Publishing Office, www.gpo.gov]




            SUPPORT THE JUMSPSTART OUR BUSINESS STARTUPS ACT

  (Mr. CANTOR asked and was given permission to address the House for 1 
minute.)
  Mr. CANTOR. Mr. Speaker, I rise today in support of the Jumspstart 
Our Business Startups Act.
  Our Nation's success has been built by individuals who turn 
innovative ideas into small businesses. By taking risks and working 
hard, our small business owners drive the majority of job creation in 
this country.
  Right now it's just too difficult to start up a business. The threat 
of higher taxes and increased regulations has small businessmen and -
women and entrepreneurs frozen in their tracks. Small businesses and 
start-ups simply do not have the bandwidth to comply with Washington's 
redtape, and yet they are the ones we're counting on to create jobs.
  Mr. Speaker, the JOBS Act will get small businesses and entrepreneurs 
back into the game by removing costly regulations and making it easier 
for them to access capital. This legislation also paves the way for 
more start-ups and small businesses to go public, which will attract 
new investors and will allow small businesses to grow and create jobs.
  In his State of the Union address, President Obama asked Congress to 
send him a bill that helps start-ups and entrepreneurs succeed. The 
JOBS Act that we'll be voting on today does exactly that. Our bill 
brings together commonsense measures that have bipartisan support here 
in Washington and from business leaders across the country, including 
former AOL chairman and founder Steve Case.
  Mr. Speaker, I would like to recognize my colleagues who have worked 
on the JOBS Act, including Congressman Stephen Fincher, Whip Kevin 
McCarthy, Congressman David Schweikert, Congressman Ben Quayle, 
Congressman Patrick McHenry, Congressman John Carney, and many of my 
colleagues on the other side of the aisle.
  Let's build on this bipartisan momentum, Mr. Speaker. This week, 
President Obama offered his support for the JOBS Act. I strongly urge 
Senator Reid to take up this bill as quickly as possible and let's just 
get it to the President's desk.
  Mr. Speaker, the American people want to see us get something done 
and produce results. With the JOBS Act, we do have a window of 
opportunity for both parties in Washington to come together and produce 
results. We must make sure America remains the place where 
extraordinary success can be achieved by individuals who are willing to 
take risks and work hard.

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