The U.S. House has approved a small business development bill introduced by Democratic Rep. Sharice Davids of Kansas for the second time this month. The bipartisan bill aims to assist veterans in starting and expanding their businesses by providing access to resources and overcoming challenges. The bill requires the Government Accountability Office to analyze how military deployment affects the financial credit of veterans and reservists, and expands federal outreach programs for veterans transitioning into the business world. Since 2001, only 4.5% of 3.6 million U.S. veterans have started a business. In a separate move, U.S. Sen. Jerry Moran sponsored legislation that would exclude federal grants for broadband expansion from taxable income, ensuring that more federal funding goes toward improving broadband access across the country. Moran emphasized the importance of reliable high-speed internet for businesses, educational institutions, and medical facilities in Kansas. The bipartisan effort aims to maximize the impact and success of federal grants for broadband deployment. Both bills will now move to the U.S. Senate for consideration.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
