Biden Address: Keep Small Businesses Open

April 29, 2021

Washington, D.C. – President Joe Biden delivered his first address to a joint session of Congress last night where he pitched the American Jobs Plan, his infrastructure plan, and focused on a handful of policy goals ranging from health care affordability to immigration.

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

“Last night, President Biden opened his first address to a joint session of Congress with praise of programs designed to help Americans through the pandemic—specifically the importance of loans to small business to keep their doors open and their employees working. The road to recovery will be long, but ensuring small business access to fair and affordable capital will be a benchmark to our future success.

“It is critical for small-business growth—U.S. economic growth—that small employers aren’t unduly hampered by unbalanced proposals that favor organized labor over Main Street businesses, such as the PRO Act which Biden called out.

“Infrastructure improvement can greatly help small businesses access to many aspects of growth: broadband, federal contracts, R&D dollars and much more. But it is important that small business aren’t inadvertently targeted as a pay-for through tax reform that fails to account for how small businesses actually pay their taxes. Congress and the Administration also must ensure fair access and competition for small businesses to participate in the infrastructure improvements.

“It is also important that policymakers recognize the uniqueness of small business and what 12 weeks of mandated paid leave—something the President called for in his speech—really means to a 5-person shop. One-size-fits-all solutions here will greatly disadvantage small businesses.

“Finally, I want to applaud President Biden on emphasizing the need for bipartisanship. While NSBA may not support all his proposals, we do support his call for better lawmaking. Repeated throughout his speech was a call for working together and NSBA couldn’t agree more: the challenges we all face are more important and dictate more focus than the tribalism of Democrat vs. Republican.”

Please click here for more on NSBA’s priorities for policymakers in Washington, D.C.

Celebrating more than 80 years in operation, 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 @NSBAAdvocate.

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