U.S. Congressman Kurt Schrader (D-OR) was appointed to chair the Subcommittee on Finance and Tax of the House Committee on Small Business; a rare honor for a first-term member of Congress.
U.S. Congressman Kurt Schrader (D-OR) was appointed to chair the Subcommittee on Finance and Tax of the House Committee on Small Business; a rare honor for a first-term member of Congress.
“This is a great honor for me and, quite frankly, a great opportunity for my district,” said Chairman Schrader. “Small businesses make up nearly 98% of the businesses in Oregon and, like most businesses, they are struggling to find their footing in this difficult economy.”
The Subcommittee on Finance and Tax has jurisdiction over lending and investment programs run by the Small Business Association (SBA). Chairman Schrader’s subcommittee also has jurisdiction over tax policy and retirement/pension matters that affect American small businesses.
“As a small business owner, I understand how difficult this economy is on our small businesses. I built my veterinary and farm businesses from scratch. We struggled to pay for health care and other benefits just like every small business in this country. The House has already taken strides to help small businesses with the American Recovery and Reinvestment Act. But we still need to go further. I look forward to working with my colleagues on the committee on small business tax credits, increased investment opportunities and other policies that will help American small businesses lead our economic recovery,” continued Schrader.
Congressman Schrader represents the 5th Congressional District of Oregon, which includes the counties of Benton, Clackamas, Lincoln, Marion, Multnomah, Polk and Tillamook. Congressman Schrader has also been appointed to the House Committee on Agriculture and the House Committee on Budget for the 111th Congress.
