NSBA Welcomes President Biden

January 21, 2021

On Wednesday, Jan. 20, President Joseph R. Biden was sworn into office following a tumultuous transition period capped off by a violent mob overrunning the U.S. Capitol. The inauguration, however, while vastly different from past years given the pandemic and security risks, went off without a hitch, and actually made history as Vice President Kamala Harris was the first woman, first Black woman and first Asian American to serve in the role.

“I’d like to again congratulate President Biden on his win and look forward to working with him and his administration as we focus on our shared goal of helping America’s struggling small businesses,” stated NSBA President and CEO Todd McCracken.

With more than 80 years as a staunchly nonpartisan advocate for America’s small-business owners, NSBA looks forward to continuing its tradition of working with lawmakers and administrations from both parties. We believe in policy over politics and look forward to moving forward the needs and goals of our members.

“Small businesses have faced unprecedent and stunning challenges over the past nine months—our employees, their families and the communities we serve have as well,” said NSBA Chair ML Mackey, CEO and co-founder of Beacon Interactive Systems in Waltham, Massachusetts. “We stand ready and look forward to working with the new administration to move forward not only for the small-business community, but for our nation as a whole.”

While NSBA’s membership is set to craft a comprehensive small-business agenda in February, we urge policymakers to focus on the following near-term priorities.

  • Enhance capital access for small business as we look to move beyond emergency funding options.
  • Repeal the Corporate Transparency Act that was included in the 2021 NDAA which would require ONLY the smallest businesses to file burdensome new reports and register significant personal identifying information for all owners—or face significant fines.
  • Establish uniform cybersecurity guidelines and ensure that any legislation protects small businesses, rather than adding additional layers of complexity.
  • Including small businesses in any and all infrastructure projects is paramount, and all projects should aim to exceed federal small-business contracting guidelines.
  • Strengthen the U.S. Small Business Administration and its Office of Advocacy, both of which serve critical needs for small business and both of which deserve confirmed nominees at their helms.
  • Ensure small business representation in any major discussions regarding health care, a never-ending thorn in the sides of small businesses who struggle to afford astronomical health insurance rates for themselves and their employees.
  • Seek broad input from a variety of sources when it comes to taxes and tax reform with a focus on simplification and parity: in just a matter of a few years, small businesses could face significant tax increases while corporations continue to prosper under significant tax cuts.
  • Begin the difficult work toward fixing our broken political system and ensure that political silos will no longer be a barrier to doing the people’s business.

As the nation’s longest running small-business advocacy organization, NSBA has always maintained a staunchly nonpartisan stance. With more than 65,000 small-business members across the country, NSBA’s policies are dictated by those members, informed by a wealth of NSBA research and data.

Click here for more details on NSBA’s policy positions.