Small Business
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A common refrain I hear from employers across Nebraska’s Third District is how difficult it has become to find workers to fill the job openings they have. As the unemployment rate rose to a six-month high of 3.7 percent in August, according to the Bureau of Labor Statistics, the number of job openings in America sits at roughly 11 million. Job openings in the U.S.
American families across the country are grappling with increasing costs and economic uncertainty. Last week, the Consumer Price Index confirmed costs of household items, energy, and services have risen by more than 8 percent, on average, over the last 12 months.
The greatness of the United States stems not just from the political and religious freedom protected by our Constitution, but also the economic freedom it protects, ensuring individuals have the greatest possible opportunity to benefit from their hard work, ingenuity, and perseverance.
Washington, D.C. – President Biden's crippling tax hikes on America's middle class and Main Street will reverse the gains from the Tax Cuts and Jobs Act, according to key witnesses at a Ways and Means Republican Meeting this week.
Many parts of the economy in our great state of Nebraska are thriving. However, the new slate of tax increase proposals coming from the Biden Administration will undermine the success of Nebraska, and states like it, by removing capital from family farms and small businesses at a time when we need to be encouraging economic growth.
Washington, D.C. – Representatives Adrian Smith (R-NE) and Michelle Fischbach (R-MN) today led more than 130 of their House of Representatives colleagues in sending a letter to Speaker Nancy Pelosi and Republican Leader Kevin McCarthy opposing the Biden Administration's proposal to repeal stepped-up basis from the tax code and require payment of capital gains taxes at death.
Getting Americans back to work has been one of the primary challenges facing our nation since the COVID-19 pandemic began nearly one year ago. While the employment situation varies widely from state to state, ensuring every unemployed American can reconnect with work must be a top priority.
Washington, D.C. – Congressman Adrian Smith (R-NE) today honored nine individuals and businesses for receiving the Innovation and Adaptation Recognition. The award was created to acknowledge the contribution of individuals, organizations, and those who are working every day to improve and help their communities in the current environment.
While votes are still being counted and recounted, there are other things we must focus on as well – like getting our economy back on track. Through the use of tools like Zoom, I am able to meet with Nebraskans about our economy without skipping a beat.
Small businesses are staples of our communities and the backbone of rural America. However, small businesses have also taken the hardest hit from COVID's impact and we must continue doing all we can to help them as we continue to fight this disease.