Small Business

Small business is the backbone of Louisiana's and America's economy. I make it a point to visit as many small businesses as possible when I'm home on the weekend to hear what's on the mind of local entrepreneurs and workers.

In order to prosper in the twenty-first century, Louisiana must have a successful, growing small business community. That's why I am so focused these efforts to help our small businesses.

Working on the Small Business Committee to reform regulations and enact programs to help small businesses comply with the rules.  

Expanding and strengthening shipbuilding activities and related industries in Louisiana.

Supporting association health plans to help small businesses cope with the high costs of health care.

Reducing the tax burden on small businesses by lowering tax rates, fighting to end the death tax to help families pass on their family business to their children, and simplifying our tax code to eliminate exorbitant compliance costs.

U.S. Senate Small Business Committee

U.S. Small Business Administration

Louisiana Department of Economic Development

National Federation of Independent Business

U.S. Department of Commerce Economic Development Agency


 


Latest

  • Vitter Receives "Spirit of Enterprise" Award

    (Washington, D.C.) - U.S. Senator David Vitter received the U.S. Chamber of Commerce's "Spirit of Enterprise" award. The award recognizes members of Congress who supported pro-business legislation during the 112th Congress.

     Read More


  • ICYMI: Fed Governor’s Plan to Limit Bank Size Fuels Debate (New York Times)

         “Now, a powerful insider has suggested a simple tool that could place a tight limit on the size of individual banks. Daniel K. Tarullo, a Federal Reserve governor who oversees bank regulation, said in a speech last week that an important part of a bank’s balance sheet could be capped at a set percentage of the nation’s gross domestic product…

         “I am completely open to the proposal because of my similar concern about the growing size of institutions that are too big to fail,” said Senator David Vitter, a Republican of Louisiana. “Beyond this specific proposal, there is a growing nonpartisan consensus to do a lot more to limit the size of the megabanks.”

     Read More


  • ICYMI: Dodd-Frank's Heavy Hand but Slight Value, by Sen. Vitter (Wall Street Journal)

         A little more than two years ago President Obama signed the Dodd-Frank bill, promising to end taxpayer-funded bailouts.

         Of course there is no such end in sight…

         The financial reform that we truly need is more systemic: reform the core structure of the market in a way that enhances financial stability. We should start by increasing capital standards for megabanks.

     Read More


  • Vitter to LTG Bostick with Corps: Morganza Delays are Beyond Frustrating

    (Washington, D.C.) - U.S. Sen. David Vitter (R-La.) met with Lieutenant General Tom Bostick, Commanding General of the U.S. Army Corps of Engineers yesterday, to discuss repeated delays and a path forward on the Morganza to the Gulf hurricane protection project for Terrebonne and Lafourche Parishes. Terrebonne and Lafourche parish experienced significant damage from past hurricanes that could have been prevented had the Morganza levee system been in place. Vitter has asked the Corps to put forth an viable, cost-effective project that would provide an adequate level of flood protection for that region.

     Read More


  • Vitter Applauds FHFA in Denying Fannie and Freddie Taxpayer Bailout

    (Washington, D.C.) - U.S. Sen. David Vitter today applauded the announcement by the Federal Housing Finance Agency Director Ed DeMarco that he would not permit Fannie Mae and Freddie Mac to use the leftover Troubled Asset Relief Program (TARP) funds to reduce the principle of mortgages because nearly all of the financial benefit comes at the expense of the taxpayer.

     Read More


  • Print
  • Email