- Equipment World - http://www.equipmentworld.com -

ABC to Congress: Support policies promoting job creation, small-business lending

Posted By Equipment World Staff On January 21, 2011 @ 11:04 am In Construction News | No Comments

The Associated Builders and Contractors (ABC) and the Independent Community Bankers of America (ICBA) called on Congress to support policies that promote small-business lending and job creation.

In a joint letter from ABC and ICBA dated Jan. 20, 2011, the organizations note that “access to capital continues to be a major concern for American’s small-business entrepreneurs.”

The groups also say they believe that “tax policy uncertainty and a more oppressive regulatory environment have made it even more difficult to fund private sector projects.”

With the construction industry unemployment rate at 20.7 percent and a loss of about 1.9 million construction jobs since December 2007, ABC and ICBA say that “policies that foster job creation and economic growth must remain a top priority.”

For a downloadable PDF of the letter from the Associated Builders and Contractors and Independent Community Bankers of America to Congress, click here. [1]


Article printed from Equipment World: http://www.equipmentworld.com

URL to article: http://www.equipmentworld.com/abc-to-congress-support-policies-promoting-job-creation-small-business-lending/

URLs in this post:

[1] letter from the Associated Builders and Contractors and Independent Community Bankers of America to Congress, click here.: http://www.equipmentworld.com/files/2011/01/ABC-ICBA-Joint-Letter-Access-to-Capital.pdf

Copyright © 2012 Equipment World -- Development. All rights reserved.