NSBA Weighs-in on Government Shutdown

January 24, 2019

FOR IMMEDIATE RELEASE
Jan. 24, 2019

Contact:
Molly Day
202-552-2904
mday@nsba.biz

Washington, D.C. – The National Small Business Association (NSBA) is urging Congress and the administration to find a compromise to end the longest federal government shutdown in history. Now in its 33rd day, the shutdown having a growing negative impact on America’s small businesses, the communities they fuel and the overall U.S. economy.

Below is a statement from NSBA President and CEO Todd McCracken.

“The shutdown is having increasingly negative impacts on America’s small-business federal contractors and our overall economy. Not only are those prime and sub-contractors being dramatically impacted by contract delays, stoppages and cancellations, the businesses in their supply chain, their employees and their families are being hampered.

“This failure to compromise is harming small businesses far beyond federal contractors. As tax season ramps-up and quarterly filing deadlines approach, assistance available to smaller firms is nearly nonexistent.

“Small-business programs, such as those under the U.S. Small Business Administration (SBA), particularly their lending programs, will begin to experience long delays due to the absence of staff and inevitable backlog of approvals.

“These backlogs and delays have real-world implications: forcing capital-strapped small-business owners to choose between hiring an employee or providing health insurance; or forcing the smallest of businesses to spend money they don’t have on accountants to provide the assistance typically provided by the IRS.”

“I urge our elected officials to overcome their differences and reopen the government.”

Celebrating more than 80 years, NSBA is a staunchly nonpartisan organization advocating on behalf of America’s entrepreneurs. NSBA’s 65,000 members represent every state and every industry in the U.S., and we are proud to be the nation’s first small-business advocacy organization. Please visit www.nsba.biz or follow us @NSBAAdvocate.

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