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Meuser: When women entrepreneurs accelerate, so does our nation
WASHINGTON, D.C. – Today, the Subcommittee on Economic Growth, Tax, and Capital Access is holding a hybrid hearing titled “Reversing the Decline in Women Entrepreneurship: Opportunities for Rebuilding the Economy.”
Excerpts from Subcommittee Ranking Member Dan Meuser's opening statement are below:
"The National Bureau of Economic Research found that during that crucial two-month window between February and April of last year, the number of female business owners dropped from 5.4 million to 4.0 million, a decline of roughly 25 percent, very significant.
"In speaking with female-entrepreneurs from Pennsylvania’s 9th District, I have found that they not only face the same challenges that all business owners are struggling with right now --- lack of labor, fear of increased taxes, high costs of goods, projects delayed due to burdensome regulations, supply chain shortfalls, and ever-changing government mandates --- but they also face unique obstacles in starting and growing their businesses.
"There is no doubt that women entrepreneurs are a vital part of our economy, and when they accelerate, so does our nation. I look forward to learning more about these challenges women entrepreneurs currently face and areas where policy can be improved to increase access to capital and benefit women’s businesses."
Watch Subcommittee Ranking Member Dan Meuser's full opening statement here.
Excerpts from Subcommittee Ranking Member Dan Meuser's opening statement are below:
"The National Bureau of Economic Research found that during that crucial two-month window between February and April of last year, the number of female business owners dropped from 5.4 million to 4.0 million, a decline of roughly 25 percent, very significant.
"In speaking with female-entrepreneurs from Pennsylvania’s 9th District, I have found that they not only face the same challenges that all business owners are struggling with right now --- lack of labor, fear of increased taxes, high costs of goods, projects delayed due to burdensome regulations, supply chain shortfalls, and ever-changing government mandates --- but they also face unique obstacles in starting and growing their businesses.
"There is no doubt that women entrepreneurs are a vital part of our economy, and when they accelerate, so does our nation. I look forward to learning more about these challenges women entrepreneurs currently face and areas where policy can be improved to increase access to capital and benefit women’s businesses."
Watch Subcommittee Ranking Member Dan Meuser's full opening statement here.
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