Washington, D.C.— Congressman Tom Rice (SC-07) today announced the formation of the bipartisan Congressional Caucus for Middle Market Growth.  He is joined by co-chairmen, Representatives Steve Stivers (R-OH-15) and Jared Polis (D-CO-2), and fellow freshman co-chairman, Brad Schneider (D-IL-10).  The recently formed Caucus will educate policy makers and leaders on economic impact of the middle market and how it serves as a powerful engine for job and economic growth.

According to the National Center for the Middle Market, a collaboration between The Ohio State University Fisher College of Business and GE Capital, the middle market includes companies with $10 million to $1 billion in annual revenues. The Caucus will address issues relevant to this critical segment, which employs more than 44 million people in the United States.

"With 200 middle market companies located in my district that employ more than 58,000 people, I strongly believe the Congressional Caucus for Middle Market Growth will serve as a foundation to identify ways to collaborate with mid-market businesses,” said Congressman Rice.  “Together, we will strive to grow and improve economic competitiveness in this segment of our economy."

The Congressional Caucus for Middle Market Growth will serve as an important forum of Members dedicated to elevating awareness of the middle market through data-driven research and regular briefings for congressional staff and policy leaders. The first event for the Caucus will be held on Thursday, May 29, 4:00 – 5:00 PM EDT in Washington, DC.

Learn more about the middle market at www.middlemarketgrowth.org