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U.S. Rep Williams champions small business at Cleburne luncheon

Aug. 31—U.S. Rep. Roger Williams, R-Austin, called upon small business owners and leaders to stand up to the twin scourges of economic and border issue woes during Wednesday's quarterly luncheon of the Cleburne Chamber of Commerce.

Williams, who serves as chairman of the House Small Business Committee, delivered the a state of small business address during the event.

"I'm worried about the economy," Williams said. "In 2016, we passed the greatest tax cuts we've ever seen, and it worked. We had more jobs than people and things were looking good."

Things have changed, Williams said, because of inflation, the rate of governmental money borrowing, ongoing supply chain issues and other factors.

"We were makers, not sellers, in 2016," Williams said. "We're borrowing money at a record pace. Interest rates have got to come down. We need to get that back. America has to be the strongest country in the world when it comes to producing goods."

The greatest thing about America is not America, Williams said, but Americans and added that small business and competition are the drivers of America.

"There could not be a better job for me than to be your representative on the Small Business Committee," Williams said. "Because Main Street America is what America is about. But Main Street America is under attack right now."

Attack from inflation and governmental overregulation among other things, Williams said.

"Is there anybody here who feels underregulated?" Williams asked. "Regulations are choking small business."

Williams called for change.

"The government needs to stop spending, get inventories back in line so people like us can discount products and services to drive inflation down and get interest rates down," Williams said. "The only thing that makes that work is us being the small business people we are. Leading is what we do."

Something Williams said he is uniquely situated to understand given that he is one of the few, on either side of the political aisle, to run and own a business.

Williams said that the Small Business Administration, created to support small businesses, has instead become politicized. Williams said that an independent audit of the SBA, which he requested, uncovered $200 to $600 billion in funds unaccounted for. At least some of that money, which should have gone to American companies, went to foreign nationals, Williams said.

His committee, Williams added, has plans to recover as much of those funds as possible.