Year-End Review: The State of Small Business in America
January 1, 2024
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The Frame
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.
Potentially affected actors named in the source documents. Mention is not a position.
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.
Last recorded activity January 1, 2024.
Next step not available in the current record.
Summary
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.
- 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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Why It Matters
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.
News Coverage
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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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