National Small Business Week

This week is National Small Business Week, when we celebrate the enormous impact of small businesses on our communities. As someone who operates a family-run business, I know firsthand that small businesses are the backbone of our economy; creating jobs, economic growth, and community connections. 

Recently, West Oakland Auto Repair in Austin, MN was named the Small Business Administration's 2023 Minority-Owned Small Business of the Year. Congratulations to Jose Carrazco and his team! 

Austin Daily Herald: West Oakland Auto Repair, LLC owner is SBA’s Minnesota Minority-Owned Small Business of the Year

Protecting 1031 Exchanges

Farmers, ranchers, and landowners rely on the use of like-kind exchanges to combine acreage, acquire higher-grade land, or generally improve the quality of their operations. In his proposed Fiscal Year 2024 budget, President Biden is seeking to cap like-kind exchanges and step-up in basis, which are both vital tax provisions for the long-term success and economic vitality of farmers, producers, main street businesses, and rural communities.

I was proud to join Rep. Randy Feenstra (IA-04) and 20 of my House colleagues in urging President Biden to abandon his plans to cap like-kind exchanges for southern Minnesota farmers and Main Street businesses. You can read the full letter here.

Saluting Our Servicemembers

As always, it is an honor to serve you in Congress. Please don't hesitate to contact my office if there is anything I can do to assist you. 

To see more updates on what I’m doing in Washington and across the First District, follow me on Facebook, Twitter, and Instagram.