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Congressman Mark Pocan

Representing the 2nd District of Wisconsin

Pocan Celebrates National Small Business Week

Jun 17, 2013
Press Release
Calls for Immediate Action to End Sequester that Deprives Small Business Owners of more than $900 Million in Loans

WASHINGTON – U.S. Rep. Mark Pocan (WI-02), a small business owner for more than two decades, today honored small businesses across Wisconsin in celebration of the 50th Annual National Small Business Week. National Small Business Week recognizes the immense contributions of the country’s small business owners to the economy and culture of America.

“Small businesses are the backbone of our Wisconsin economy, and they are the key to ensuring long-term growth and job creation across the state,” Pocan said. “When we support our small businesses owners, we support our communities, our economy and the entrepreneurial drive of our citizens. But as a small business owner myself, I know firsthand the challenges than entrepreneurs face when trying to build and expand their business in a recovering economy. That’s why in Congress, I’m focused on how we can create an environment where small businesses can grow, hire and thrive. From providing incentives for businesses to create jobs, to reducing burdensome and confusing paperwork, to ending the sequester that cuts $900 million in critical small business loans, we can take proactive steps to empower our small business owners with the tools and certainty they need to get people back to work.”

Under the sequester, small business owners are projected to lose access to more than $900 million in loans, and the non-partisan Congressional Budget Office estimates that the sequester will cost 750,000 American jobs this year, including 36,000 jobs in Wisconsin.  Pocan supports replacing the devastating sequester cuts with a balanced agreement that creates jobs, strengthens the middle class and responsibly reduces the deficit.

A lifelong advocate for small businesses, Pocan has co-sponsored the following bills to support small businesses and promote economic growth:

  • Make it in America Manufacturing Act
  • Cancel the Sequester Act of 2013
  • Workforce Infrastructure for Skilled Employees (WISE) Investment Act
  • Job Skills for America's Students Act
  • Invest in American Jobs Act
  • Small Business Tax Equity Act