Rep. Meuser Speaks on House Floor Regarding the Investing in All of America Act of 2023

Today, the House unanimously passed my bill, the Investing in All of America Act. This legislation will incentivize the deployment of private capital to small businesses located in rural or low-income areas, as well as small businesses in the national security technologies sector. Dollars invested in these areas will not count against individual SBIC’s existing $175 million dollar leverage cap, at no increased cost to the American taxpayer. By prioritizing support for these communities, the legislation not only strengthens small businesses nationwide but also fuels economic growth and revitalization, particularly in eastern central Pennsylvania.