Chief Deputy Whip Peter Roskam (IL-06) today issued the following statement in support of the House passage of Majority Leader Cantor's Jumpstart Our Business Startups (JOBS) Act, a bipartisan legislative package that will help new businesses and start ups grow, innovate, and create jobs.
"I applaud the House for overwhelmingly passing the commonsense, bipartisan JOBS Act that will make it easier for American small businesses to launch, grow, and create jobs. Small businesses are hurt by barriers to capital and excessive, outdated bureaucrat-imposed regulations that hurt job growth. Small businesses are the engine of the American economy and they need better.
"Fortunately, the JOBS Act will help, with bipartisan bills like Whip Kevin McCarthy's to remove outdated SEC regulations limited access to capital for small businesses. It's heartening to see President Obama support the JOBS Act and I look forward to Senate Democrats taking it up immediately. It's time Washington stopped hurting and started helping America's job creators."