President Joe Biden’s First 100 Days in Office Have Set Small Business on a Course for Recovery and We’re Encouraged by the prospects of the American Families Plan, which Supports Robust Investment and Rewards Work

Statement from Small Business for America’s Future Senior Advisor Rhett Buttle about President Joe Biden’s first 100 days and the American Families Plans

Washington, D.C., April 28, 2021—The first 100 days of Joe Biden’s presidency have seen a welcome recalibration from the cultural division and governmental incompetence that were the hallmark of the prior administration. This change in focus and approach, and emphasis on outcomes, has redounded to the benefit of Main Street small business owners who are trying to rebuild from the Covid-19 pandemic.

Recent studies, including one from Small Business for America’s Future, show most business owners are optimistic about the future, a crucial measure as the country seeks to recover from the economic fallout of the pandemic. To achieve a robust economic recovery, we need a robust Main Street small business sector. That small business owners are seeing hope for a brighter future is a clear indication that we are on a course for recovery. We urge policy makers to continue effectively implementing the American Rescue Plan and consider passing the American Jobs Plan and the American Families Plan to keep the momentum going. 

There have been three major contributors to the brightening small business outlook: shots in arms, strong policy initiatives, and providing Main Street small businesses with a strong voice and seat at the table. The rapid deployment of the vaccine is crucial to reopening our economy. Passing the American Rescue Plan was vital to small businesses’ ability to survive. And the proposed American Jobs Plan—including slightly raising the corporate tax rate to pay for it—will boost small business economic activity, level the playing field for Main Street entrepreneurs, and ensure corporations pay their fair share. Moody’s Analytics estimates that the plan would create 7.5 million jobs in 2021 and our research shows that 66% of small business owners support increasing taxes on corporations and that such increases do not impact the vast majority of Main Street small businesses. Finally, the appointment of Isabella Casillas Guzman as administrator of the Small Business Administration puts a strong advocate in small businesses’ corner and ensures they have an active voice in the administration.  

While things are looking up, we cannot grow lax. As we shift from crisis to recovery, small businesses need our policymakers to commit to ongoing support and investment so they can rebuild from the worst crisis to hit Main Street in our lifetime. We need a level playing field for Main Street that rewards work. Additionally, we support a robust investment like the American Recovery and American Jobs Plans.  We will not have a strong and equitable economic recovery without it.

To request an interview with Rhett Buttle, contact Conan Knoll at (831) 524-6764 or conan@emccommunications.com. 

About Small Business for America’s Future
Small Business for America’s Future is a national coalition of small business owners and leaders working to provide small businesses a voice at every level of government. We’re committed to ensuring policymakers prioritize the nation’s 30 million small businesses to create an economy that works for them, their workers and their communities. Visit www.smallbusinessforamericasfuture.org. Follow us on Twitter and Facebook. #SmallBizAF.