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The percent of small firms offering health plans has declined from 57% in 2000 to 49% in 2008.

Small business Profile

David White

David White
MDI Imported Car Service
Bar Harbor, ME

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Our Research: Taxes and Budget

 

Small Businesses Want Long-Term Solution to Debt Ceiling Issue


Publisher
: Small Business Majority
Published: January 23, 2013

 

For the second time since the summer of 2011, Congress is debating whether or not to raise the federal debt ceiling—the legal limit on how much the federal government can borrow. While addressing our debt is an important issue that carries weight for small business and the economy, some politicians have been misusing the debt ceiling as a mechanism for furthering their own partisan agendas. Short-term solutions lead to uncertainty for small businesses and our job creators want our leaders to put this issue to rest. National opinion polling released today reveals the majority of small business owners desire a long-term solution to this issue rather than a short-term one, and believe we cannot continue allowing politicians to hold the economy hostage to their particular spending priorities. Given the partisan nature of this debate, it’s important to note the sample was majority Republican, with 52% of respondents identifying as Republican, 34% identifying as Democrats and 11% identifying as independent.

 
Main Findings

Conclusion

Our opinion polling has shown that strengthening the economy has been small business owners’ top priority over the past couple years, and they want it to be lawmakers’, as well. This data reveals their feelings haven’t changed. When it comes to the debt ceiling, small businesses want a long-term solution that gives them the certainty they need to make similarily long-term decisions about their business. Small business owners believe our current process for raising the debt ceiling not only threatens the U.S. credit rating, but allows politicians to hold the economy hostage to their own spending priorities. And while small business owners recognize the need for a solution to our debt ceiling issue, they feel the right solution—while mindful of our deficit—must be cognizant of the fact that our economy isn’t out of the woods yet. Any plan to control our debt must provide long-term support for job creation and the economy, not hold them hostage.

Downloads: Small Businesses Want Long-Term Solution to Debt Ceiling Issue
Full report: Small Businesses Want Long-Term Solution to Debt Ceiling Issue
FULL REPORT
Press release: Small Businesses Want Long-Term Solution to Debt Ceiling Issue
PRESS RELEASE

 

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