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Massachusetts Election Results a Win for Small Businesses, says Advocacy Group

Oakton, VA (PRESS RELEASE – January 20, 2010) – The nation’s leading advocacy organization for entrepreneurs and small businesses expressed relief about the results of the U.S. Senate race in Massachusetts. The Small Business & Entrepreneurship Council (SBE Council) urged President Obama and Congress to now turn their focus towards policies that encourage job creation and entrepreneurship, rather than punitive initiatives that are feeding business uncertainty.

“Congress and the Administration must pay attention to the real concerns of small business owners rather than their own agenda. The scale of their efforts regarding health care legislation, energy and workplace regulation as well as tax policy does not square with the economic and fiscal realities facing our nation. All of these initiatives propose to burden small businesses with higher costs. Small businesses will not create jobs and invest in their firms when Washington is threatening them with higher taxes and excessive regulation. Driving business costs higher and taking more capital away from entrepreneurs is not the answer to our economic woes. Business is the solution, and President Obama has to start treating us that way,” said SBE Council President & CEO Karen Kerrigan.

U.S. Senate-elect Scott Brown campaigned against the massive health care legislation being secretly “negotiated” by House and Senate Democrat leaders. He also opposes cap-and-trade legislation and higher taxes, measures that SBE Council believes will drive more businesses overseas while making the U.S. less competitive in the global marketplace. His opponent, Democrat Martha Coakely, took the opposite positions. SBE Council has been vocal in its opposition to these and other measures that will raise business costs, add to the nation’s debt, and suck more resources out of the capital-starved private sector.

SBE Council Chief Economist Raymond Keating adds: “The results in Massachusetts amounted to a stunning rejection of the big government agenda in one of the most liberal states in the nation. It should tell members of both parties that they need to get back to advancing policies that will actually help — rather than hurt — entrepreneurs, small businesses, investors, and the economy. On health care, that means rejecting costly government regulations, mandates, taxes and spending, and instead removing barriers to more competition and choice in the marketplace.”

According to SBE Council, Brown’s win is a win for all small businesses as his victory will help ease the pace of the costly and far-reaching policies that are harming the environment for risk-taking and investment.

“Hopefully the policy pendulum has swung back to the center, and President Obama and Congress will start acting upon the needs of our nation’s job creators,” said Kerrigan.

About The SBE Council:

SBE Council is a national advocacy and research organization dedicated to protecting small business and promoting entrepreneurship. For more information, please visit: www.sbecouncil.org.