“NSBA applauds the underscored and renewed commitment from the Biden-Harris administration on policy efforts needed to ensure that our small businesses gain a level playing field to create economic growth across the nation."
FOR IMMEDIATE RELEASE
February 8, 2023--WASHINGTON, D.C.— President Biden faced the nation for a State of the Union Address on Tuesday, February 7, 2023. This year’s address focused on the administration’s plans for increased economic growth for the American economy with an eye toward rebuilding the American middle class by supporting our small-business community. In addition to his highlighting small-business creation and growth, Biden underscored another pillar of NSBA: bipartisanship, and the critical need for lawmakers to reach across the aisle to do the business of the American people.
Todd McCracken, President, and CEO said the following about the address:
“NSBA applauds the underscored and renewed commitment from the Biden-Harris administration on policy efforts needed to ensure that our small businesses gain a level playing field to create economic growth across the nation. Our members have remained at the forefront of the effort to rebuild the American economy following years of economic strain and uncertainty, and we were glad to hear that the administration plans to drive critical resources to our business community.
While we stand with policymakers that seek to increase opportunity for small businesses, we caution against hasty action on complex regulatory and legislative issues that impact small business ownership. According to NSBA’s upcoming report we look forward to sharing with you, credit markets continue to tighten, and now is the time to increase small business access to capital and ease regulatory burdens on our business owners to ensure that regulations are working for them, not against them.
We look forward to utilizing the momentum and energy garnered from tonight’s address to continue serving our member businesses’ ability to remain economic powerhouses for their local economies. We hope that these remarks serve as a reminder that small business issues are non-partisan issues, and by working together, our leaders can achieve greater results for the engine of our economy.”
About the National Small Business Association: The National Small Business Association (NSBA) advocates for the needs of millions of small businesses nationally through its network of over 65,000 small companies. Representing companies of all sectors in every corner of the country, NSBA works on a proactive and bipartisan basis to improve the economic climate for small business growth and success.