Congressional representatives discuss the state of small business in today's economy.
As the national political races heat up in preparation for 2004, Washington has become more divided than ever over the state of small business and the best ways for government to help entrepreneurs. Some politicians advocate more tax cuts; others say the tax cuts already enacted should be repealed. Some promote more regulation; others advocate drastic slashing of regulation. And debate rages on many other topics as well.
To explore the debates brewing in Washington, Entrepreneur this month introduces an occasional column, "Point/Counterpoint," which will pose a hot business issue to two panelists. Congresswoman Nydia Velazquez, a Democrat representing New York's 12th District, is the ranking minority member on the House Small Business Committee. Congressman Rick Renzi, a Republican who represents Arizona's 1st District, founded three small businesses before entering Congress and takes a major interest in issues affecting entrepreneurs. The two don't agree on very much politically. But they share one characteristic: They both care about small business and don't back away from concerns relevant to entrepreneurs.