Washington, D.C. – U.S. Sen. Mike Johanns (R-Neb.) today applauded the Senate’s passage of the Jumpstart Our Business Startups (JOBS) Act, which passed overwhelmingly in the House of Representatives earlier this month. The JOBS Act will provide small businesses with more access to capital and relief from burdensome regulations.
“I'm pleased my colleagues came together today to support our nation’s job creators,” Johanns said. “As we mark the second anniversary of a health care law that overspends, over-regulates and imposes costly new mandates, easing regulations for small businesses is a breath of fresh air. This bill will free up much-needed capital for our small businesses and remove much of the bureaucratic red tape that prevents them from creating jobs – without adding to our debt. I look forward to its swift passage in the House and the President quickly signing the bill into law.”