10/03/2008
CONTACT: Stephanie Cathcart, 202-314-2056
WASHINGTON, D.C.—The following is a statement from Todd Stottlemyer, president and CEO of the National Federation of Independent Business, reacting to today’s vote on H.R. 1424.
“We are pleased that Congress has heeded the call to pass bipartisan legislation that will restore confidence in our financial system. While small business owners have strong and conflicting feelings about the economic rescue package, in the end, their ability to grow their businesses depends upon stability and liquidity in the financial markets.
“Small business owners, whether or not they use credit to run or expand their own businesses, know that access to credit and a fully functioning financial market are important to them and to their customers, suppliers and vendors.
“These are trying times for the country, and we appreciate the hard work put in by Congress. Now that this immediate crisis has passed, we need to press forward to be a loud voice for an end to the ‘business as usual’ ways of Washington. It’s time to get our fiscal house in order – both in Washington and in households nationwide. It is essential for the prosperity of small business, and for the country’s future economic growth.”
NFIB is the nation’s leading small business association, with offices in Washington, D.C. and all 50 state capitals. Founded in 1943 as a nonprofit, nonpartisan organization, NFIB gives small and independent business owners a voice in shaping the public policy issues that affect their business. NFIB’s powerful network of grassroots activists send their views directly to state and federal lawmakers through our unique member-only ballot, thus playing a critical role in supporting America’s free enterprise system.
