Congress is back today. Therefore, it’s time to worry again. It’s also time to get active.
The Associated Press reports that “hammering out” budget details, pushing changes in health care, energy legislation, and regulations pointed at credit card companies are high on the congressional agenda.
Is there any good news in this mix? Unfortunately, no.
Hammering out budget details largely means figuring out how to spend even more taxpayer dollars. Health care changes are focused on more government interference, which will drive up costs and wind up rationing care. Energy legislation is pointed in the direction of imposing a costly cap-and-trade scheme on emissions and mandating the use of renewables that are not cost effective, thereby driving up energy costs. And more regulations on credit card companies means reduced access to credit.
The only possible good news in this mix would develop if enough individuals and business owners make clear to their elected representatives that this is the wrong policy path, that this is not what small businesses and the economy need.
Getting active with SBE Council is a great way to stay on top of the issues, and make sure that your representatives hear the right message.
Raymond J. Keating
Chief Economist
Small Business & Entrepreneurship Council
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