The House of Representatives has passed the Jumpstart Our Business Startups (JOBS) Act, a comprehensive plan that chips away at the burdensome regulations that are currently stifling small business growth in America. While it remains to be seen whether the Senate will move on the JOBS Act, the President has come out in official support of the bill. Congressman Rob Woodall (R-GA) issued the following statement:
"New business start-ups are at a seventeen-year low, and we all recognize the fact that we must get these core job creators out from under burdensome government regulations so that they may grow, which will in turn grow jobs and our economy. I'm a believer in putting personal and political differences aside in order to make progress for the American people. We see our greatest successes when we define "success' not by who gets the credit but rather by what we did to make America better. The JOBS Act, with its bipartisan support in the House, speaks to this goal and is a step in the right direction. I hope that the Senate will be swift in passing this bill and sending it to the President's desk for signature."