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Read. Follow. Verify.Year-End Review: The State of Small Business in America
Record date · January 1, 2024
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What This Bill Does
The House Committee on Small Business held a hearing on December 12, 2023, to discuss the challenges and experiences of small business owners across the United States. The session featured testimony from four entrepreneurs representing various industries to provide lawmakers with insights into the current economic climate for small businesses.
This hearing serves as a formal record of small business owners' perspectives, which informs future legislative priorities and potential policy adjustments regarding economic support for small enterprises.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Small business owners
The committee's legislative actions and oversight based on this hearing directly impact the regulatory and economic environment for small business owners.
House Committee on Small Business members
Committee members are responsible for gathering this information to draft or amend legislation affecting small businesses.
Key Facts
- The hearing was held on December 12, 2023, in the Rayburn House Office Building.
- The session was the final Small Business Committee hearing of the 2023 calendar year.
- Four witnesses provided testimony: James R. Thompson, Daniel A. Grech, Nicholas Boyle, and Dr. Tammira Lucas.
- The Committee serves as the primary legislative body for small business issues in the U.S. House of Representatives.
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- Small businesses are cited as accounting for over half of the payroll in the United States.
- The hearing included the submission of prepared statements from all four witnesses into the official record.
- No questions or answers for the record were generated following the hearing.
Frequently Asked Questions
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News Coverage
Follow the record
Votes, people, money & the original sourceFull breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Year-End Review Cycle
The committee utilizes the final hearing of the calendar year to conduct a broad 'state of' review rather than focusing on specific pending legislation.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance30How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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