House Republican Policy Committee Chairman Tom Price, M.D. (R-GA) issued the following statement after the House of Representatives approved the Jumpstart Our Business Startups (JOBS) Act -- legislation to help expand private capital investment in small businesses and provide more American entrepreneurs with the opportunity to grow and create jobs.
"House Republicans understand that the key to strong and lasting economic growth and recovery is rooted in free enterprise and the ability of small businesses to prosper. Our legislative agenda this Congress has been aimed at getting Washington out of the way of free enterprise while bringing down our debt and imposing fiscal restraint on the federal government," said Chairman Price. "While many of our efforts have been met with great resistance -- namely the dozens of bills that remain stalled in the Democrat-led Senate -- today the House of Representatives came together in a bipartisan manner to empower small businesses and encourage job creation. The JOBS Act makes it clear that rather than government borrowing and spending billions of dollars we don't have, the best thing Washington can do to encourage job creation and economic growth is to create an environment in which the free market principles, upon which this nation's prosperity was built, can thrive."