In February 1950, under House Resolution 58, The Senate Committee on Small Business was established. The name of the committee was changed to The Committee on Small Business and Entrepreneurship in 1981, but still functions in much the same way it has since its inception in the early 1950's (Committee Homepage, 2009). To its credit, the group has held hearings on a multitude of different small business related issues, including recent ones on the barriers to job creation (PR Newswire, 2009). Notably, it was a major proponent of the Paperwork Reduction Act as well as for major business tax reform that took place in the 1970's and early 1980's under Presidents Carter and Reagan. The Reagan Administration used this committee extensively in their efforts to severely reduce taxes on small businesses and corporations (NFIB, 2009). Quite some time ago, The Senate Committee on Small Business and Entrepreneurs was granted subpoena power under Senate Resolution 272 as well as the ability to congregate during Senate sessions. This power of subpoena is important because it gave the committee much more legal jurisdiction and clout as well as more political legitimacy. The committee's effect on past legislation has been great, and the group has often been the target of much political criticism over its lifetime. While the positive effects of advocating for small businesses cannot be denied, many Americans wonder if the committee is able...
Sometimes the goals and agendas of the small business world are far removed from the goals of the American people. This committee walks a thin line between these two groups, and is often bogged down by debates regarding economic matters and the effects on not only small businesses, but on the general population. The group works as an arm of the Senate, and functions well as a sounding board where small businesses are able to exert their influence on the legislative process. The Future of the Senate Committee on Small Business and Entrepreneurs will likely hold much debate and discussion regarding the committee's role as advocate for the country's small business population. Small businesses are an integral part of the U.S. economy, and the committee will undoubtedly engage in many historical legislative debates and battles in the coming decades.
United States Congress: The legislature of the United States was established in 1789 under the country's constitution and divided structurally from the judicial and executive arms of the government. This legislative arm in separated into two houses which are the Senate and the House of Representatives. While the Senate requires that each state is represented by two senators regardless of its size, the House of Representatives consist of members who are
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