Graves | Small Business Award

Graves Earns Guardian of Small Business Award

PoliticalNews.me – Sep 27,2010 – WASHINGTON, D.C. – Congressman Sam Graves received the National Federation of Independent Business’ (NFIB) “Guardian of Small Business Award” for the 111th Congress.

“It’s an honor to be recognized by a group who works so hard for small business owners in the Sixth District and across America,” Graves said. “NFIB makes sure their members’ voices are heard in Congress and in state capitals throughout the country. Their leadership has been especially crucial considering today’s economic conditions and the anti-business policies coming from Washington.”

A Small Business Administration report released earlier this week found small businesses spend an average of $3,000 more per employee to comply with federal regulations than large companies. The report also found the cost of complying with tax regulations effects small businesses 206 percent more than larger businesses.

“Small businesses create seven out of every ten new jobs in America,” Graves added. “They are the economic engine that will lead our recovery. Unfortunately, out of control spending, unnecessary government regulations and the threat of higher tax rates have introduced unprecedented levels of uncertainty into the private sector. I will continue to work with the NFIB and their members as we fight for a return to fiscal sanity, lower taxes and reduced regulation.”

This is the fifth time Graves, the ranking member on the House Small Business Committee, has won the award.

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