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Economy and Small Business

Our economy functions best by building from the middle out and the bottom up. By making sure everybody is a participating member in our national economy, it helps to ensure that not just the wealthiest reap the benefits when our economy is doing well. 

Small Businesses are one of the keys to economic growth and development for Queens and communities across the nation. As New York’s senior member of the House Appropriations Committee and a former member of the Small Business Committee, I understand the importance of supporting small businesses and ensuring the federal government does its job to make sure these businesses have the necessary resources for success. Right here in Queens, I helped create the Small Business Development Center at Queens College in May of 2019. The Center works to help small businesses grow and thrive by providing entrepreneurs with a wide array of counseling, training, and research services – all free of charge. Also providing federal funding to Queens College in the development of the business school. 

Small businesses generate millions of jobs across the nation, helping bolster our national economy on the global stage. Despite their importance, they still face many challenges, including navigating the complexity of applying for government contracts, taking advantage of tax incentives, or their inability to get government resources for access to capital. To combat this, I support, and have voted for legislation, that increases opportunities for small businesses.

In Congress, I am proud to have been and look forward to continuing to be a leader looking for solutions to our fiscal and economic challenges. We must continue to make sure that our nation’s citizens are employed with good, stable, and consistent jobs that provide wages that allow people to take care of their families and their needs.