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September 09, 2021

Rep. Bourdeaux, Small Business Committee Pass Portion of Reconciliation Package

WASHINGTON — Today, Congresswoman Carolyn Bourdeaux joined her colleagues on the House Small Business Committee for a legislative markup on a portion of the Reconciliation Budget Bill. The bill provisions include setting up SBA direct lending programs to help underserved businesses, funding business incubators and accelerators, and strengthening existing programs like Small Business Investment Companies (SBIC) to allow more equity-focused investment and support for critical industries like manufacturing.

Congresswoman Carolyn Bourdeaux said, “Small businesses are the backbone of our economy. Today’s markup took steps to address issues facing countless small businesses by expanding access to capital, investing in incubators and entrepreneurial ecosystems, and expanding SBIC programs that ensure small businesses can grow without debt. 

“The small business committee investments are one small part of the larger reconciliation bill. With this legislation, we can make transformational change through much-needed investments in our people to make sure that everyone has the opportunity of the American Dream. But we also need to do this responsibly. That means a bill that is fully paid-for and thoughtfully crafted.”

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Rep. Carolyn Bourdeaux lives with her family in Suwanee, Georgia, and represents Georgia’s 7th Congressional District in the 117th Congress. Carolyn is a strong advocate for affordable health care, and economic recovery that puts workers and small businesses first, and investing in her district’s world-class public education system and transportation infrastructure. 

Georgia’s fast-changing 7th Congressional District includes portions of the northeast Atlanta metropolitan area, including portions of Forsyth and Gwinnett counties and cities Peachtree Corners, Berkeley Lake, Sugar Hill, Norcross, Cumming, Lawrenceville, Duluth, Snellville, Lilburn, Suwanee, Grayson, and Buford.