PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Press Releases

August 7th, 2022 by

“Inflation Reduction Act” Reduces Investment, Innovation, Job Growth & Productivity U.S. Entrepreneurs and Small Businesses Will Be Harmed   Dear Member of the United States Senate: The Small Business & Entrepreneurship Council (SBE Council) strongly opposes “The Inflation Reduction Act” (IRA). The title of the legislation belies what it will actually do, as both common […]

August 6th, 2022 by

NEWS For Immediate Release Washington, D.C. – Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement on a newly discovered stealth tax on small to mid-size businesses (SMBs) that was slipped into the “Inflation Reduction Act” being considered by the U.S. Senate this weekend: “Make no mistake, the […]

August 5th, 2022 by

by Raymond J. Keating – The headline for the July employment report certainly was positive, with the establishment survey pointing to nonfarm payroll employment increasing by a robust 528,000. As noted in the report, “Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care.” As SBE Council […]

August 4th, 2022 by

NEWS For Immediate Release Washington, D.C. –  Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement on President Biden’s virtual roundtable scheduled for today with “business and labor leaders” on the Schumer-Manchin package. “Make no mistake, the ‘Inflation Reduction Act’ will be economically and financially harmful for families […]

July 29th, 2022 by

by Raymond J. Keating – Coming on the heels of a grim GDP report pointing to recession, no one should have expected anything good in the latest personal income report released on July 29. And as it turned out, there wasn’t anything positive in this latest economic measure. For June, the 0.6 percent nominal increase […]

July 29th, 2022 by

NEWS For Immediate Release Washington, D.C. – The following statement can be attributed to Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan on the Democrat’s latest reconciliation package, which includes $313 billion in new taxes on corporations and investors: “The Schumer- Manchin tax hike deal is being peddled as a tax […]

July 29th, 2022 by

NEWS For Immediate Release Washington, D.C. – Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement on Senator Dick Durbin’s (D-IL) latest bill that seeks to impose credit card routing mandates on the payments industry: “Credit routing mandates would be costly and harmful for small businesses. These mandates […]

July 28th, 2022 by

NEWS FOR IMMEDIATE RELEASE Washington, D.C. – In response to today’s GDP numbers reporting that the economy shrank by 0.9% in the second quarter – and the U.S. economy is officially in recession – Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement: “Sadly, this recession was avoidable […]

July 28th, 2022 by

NEWS FOR IMMEDIATE RELEASE Washington, D.C. – Today, Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement on the Federal Trade Commission’s (FTC’s) move to block Meta’s acquisition of Within, maker of VR fitness app Supernatural: “Advocates for entrepreneurs have warned that FTC Chair Lena Khan’s ideology and […]

July 28th, 2022 by

  by Raymond J. Keating – According to the Federal Open Market Committee’s statement on monetary policy released on July 27, the Fed “is strongly committed to returning inflation to its 2 percent objective.” The evidence for the Fed’s seriousness supposedly is found in its jacking up the targeted range for federal funds rate to […]

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