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President's Job Proposals are a Good Start, But More is Needed
January 28, 2010The International Franchise Association today urged Congress to implement many of the small business provisions proposed by President Obama in his State of the Union address and to expedite efforts to increase credit access to franchised small businesses. "We are pleased that the President focused on the economic importance of small businesses to job creation and the nation's economic recovery," said IFA President & CEO Matthew Shay. "We support the President's call for targeted tax relief for new investment in small businesses. Additional tax incentives to encourage new hirings are a good first step, but much more can be done to help. Franchised small businesses, for example, need strengthened efforts to support access to credit and start-up capital." Full release.