With Congress back at work, several of the CFA’s key legislative issues are being hotly debated on the Hill. In true Washington style, however, and even on the rare occasion that all parties agree, certain issues remain on the table.
From time to time DDIFO is pleased to present Guest Commentary from valued contributors. Guest commentaries feature the views and opinions of the contributor and are not necessarily the opinions of DDIFO and it’s Board of Directors. The following is an article written and submitted by Jim Ventriglia, CPA 145 Phenix Avenue 2nd Floor, Cranston, RI 02920, 401.942.000860.
Crains Business New York reports that in a year when consumer-driven businesses helped the New York City economy recover much faster than expected, more national retail chains expanded their presence in the city than reduced their footprints here, according to a report released Tuesday.
Despite the November 2nd elections, Majority Leader Harry Reid continues to push anti-business legislation through the 111th Congress. Sometime this week, the Lame Duck Session of Congress – the Senate will vote on a bill which will affect ALL franchisees – the Paycheck Fairness Act. Take Action Now!
Chip Mellor and Dana Berliner report at USA Today that in an economic climate with few jobs and cutbacks on basic city services such as police protection and firefighting, you would think cities and states would be overjoyed when someone was willing to open up a new business, bringing with him jobs, economic vitality and tax revenues. You might think that, but you’d be wrong.
Kent Hoover reports at Portfolio.com that as President Obama he signed a hard-fought small-business lending measure into law, he said it is the “most significant step” to help small firms in more than a decade. President Barack Obama signed the Small Business Jobs Act into law, calling it “the most significant step on behalf of our small businesses in more than a decade.”