Tuesday, October 21st, 2014

Congressman Gosar Votes In Favor Of Cutting Business Strangling Red Tape 


United States Congressman Paul Gosar voted Wednesday in favor of the Small Business Capital Access and Job Preservation Act legislation that would eliminate excessive regulations that damage the economy, increase businesses’ costs and restrict access to private sector capital that small businesses need in order to grow and create jobs. It would do so by exempting private equity firms that meet certain requirements from burdensome Securities and Exchange Commission filing criteria, allowing them to invest that money in businesses rather than use it to comply with these excessive regulations.

The House of Representatives passed the bill 254 to 159.

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