Politico: Senator Chris Coons joined his colleagues Senators Marco Rubio, Mark Warner, and Jerry Moran in penning an op-ed on Tuesday that corresponds with the rollout of their bipartisan legislation to help jumpstart the economy through the creation and growth of new businesses and jobs. The Startup Act 2.0 is based upon research showing that for close to three decades, companies less than five years old have created almost all of the net new jobs in America, averaging about three million new jobs each year.
Inside the Beltway, conventional wisdom says that Congress does little during an election year. But Americans are eager to see Congress address our country’s challenges — most important, the economy and job creation.
We are introducing bipartisan legislation, Startup Act 2.0 on Tuesday — to help jump-start the economy through the creation and growth of new businesses. We want to prove the critics wrong: Congress can get something done in an election year when we work together to strengthen the economy and create jobs.
Companies less than five years old have created nearly all net new U.S. jobs for almost three decades, according to Kauffman Foundation research, averaging roughly 3 million each year. Passing the JOBS Act in March was good news for the young companies now creating jobs. But entrepreneurs face additional challenges beyond access to capital. Startup Act 2.0 picks up where the JOBS Act left off — by helping entrepreneurs to succeed.
Click here to read the full op-ed on Politico’s website.
Click here to learn more about Chris’ work to create jobs.