NFIB President Brad Close wrote a new op-ed in Fox Business explaining how Congress can help Main Street fight inflation. Last week, the Bureau of Labor Statistics report on the Consumer Price Index reported inflation is near a 40-year high. Close explains that inflation is the number one problem facing small businesses right now, as reported in NFIB’s monthly survey.
“Small businesses are counting on Washington to help address this crisis, but instead of solutions, all they hear are bad ideas that will make current problems even worse. Congress and the Administration are still pushing the Build Back Better Act legislation, with its massive tax increases that would take more money that small businesses need to grapple with high inflation and supply chain bottlenecks.”
“Only in Washington does it make sense to saddle the small business economy with new taxes and mandates. What’s really needed are policies that would grow and strengthen Main Street. If Congress doesn’t have any good ideas, they should look to the states for pro-growth solutions.”
Read the full op-ed here: https://www.foxbusiness.com/economy/congress-main-street-fight-inflation