WASHINGTON, D.C. – Today, House Majority Leader Eric Cantor (R-VA) released the following statement in advance of President Obama’s small business roundtable:
“Here in the House, we know that the best way to get the economy up and running is to help the engines of job creation - our nation’s small businesses - grow and create jobs. Thus far, the President's policies have burdened small businesses with red tape and higher taxes, hampering their ability to succeed and hire. We know small businesses can’t hire at the level they should be – almost three-quarters of small business owners didn’t hire new workers in April.
“Today, we welcome the President's about face and his pledge to help our nation's small businesses. However, his proposals again take a Washington-knows-best approach. Rather than mandating what businesses can and can’t do in order to receive a tax cut as the President suggests, House Republicans have passed a common sense 20% small business tax cut that would allow all small businesses to keep more of their hard earned dollars to invest and hire. Let’s roll up our sleeves and work together to give small businessmen and women the opportunities they need to grow their businesses and create new jobs.”