U.S. House Committee Hears Testimony on Economy

NFIB Research Center Executive Director Holly Wade testified before the U.S. House Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access. Wade highlighted the challenges facing small businesses, such as high inflation, supply chain disruption, and workforce shortages. She also mentioned the increasing cost of financing, regulatory burdens, and the impending expiration of the 20% Small Business Deduction. Wade called on Congress to provide tax certainty, paperwork relief, and relief from burdensome regulations. She also urged the increase of competition and choice in healthcare. Without action, small businesses face a tax increase in 2025.

Source: Link

Frequently Asked Questions

U.S. House Committee Hears Testimony on Economy - NFIB

Q1: What is NFIB?

A1: NFIB stands for the National Federation of Independent Business. It is an advocacy organization representing small and independent businesses in the United States.

Q2: What is the U.S. House Committee hearing testimony on the economy?

A2: The U.S. House Committee holds hearings where experts, stakeholders, and witnesses provide testimony and discuss matters related to the economy. These hearings help shape policies and decisions on economic issues.

Q3: Where can I find more information on the U.S. House Committee hearing testimony on the economy and NFIB?

A3: Unfortunately, the search results provided do not contain the specific information related to the frequently asked questions (FAQs) and answers regarding the U.S. House Committee hearing testimony on the economy and NFIB. It is recommended to further explore official government websites, the NFIB website, or reputable news sources for more relevant information on this topic.

If you have any other questions or concerns, please feel free to contact us.