WASHINGTON, DC— In this week’s address, President Obama spoke to the American people from the Boeing Plant in Everett, Washington about our efforts to strengthen American manufacturing and job creation here in the United States. He described how we can support businesses like Boeing, which is hiring thousands of Americans across the country, through steps like removing tax breaks for companies that send jobs overseas and giving them to companies that create jobs at home. The President is committed to continue assisting businesses in selling their products around the world, and the United States is on track to meet President Obama’s goal of doubling exports within five years. The President believes that by boosting American manufacturing and supporting our job creators, we can create an economy that’s built to last.
Category Archives: small businesses
WASHINGTON—In this week’s address, President Obama urged Congress to pass the American Jobs Act without delay so that businesses will be able to hire more workers and every American who wants a job will be able to find one. The President’s jobs bill keeps cops on the streets and teachers in the classrooms, cuts taxes for small businesses, and puts construction workers back to work without adding to the deficit. All Americans who agree with the President’s plan should call their elected officials and tell them that it’s time to pass the jobs bill, which will ensure that everyone pays their fair share and that we live within our means as we help the economy continue to grow.
>President Obama’s Weekly Address 1/29/11: "America Will Win the Future by Out-Innovating, Out-Educating, and Out-Building Our Competitors"
>WASHINGTON – In this week’s address, President Obama called Orion Energy Systems in Manitowoc, Wisconsin an example of how America can win the future by being the best place on Earth to do business. Orion was able to open with the help of small business loans and incentives that are creating demand for clean energy technologies. By sparking innovation and spurring new products and technologies, America will unleash the talent and ingenuity of American workers and businesses, which will lead to new, good jobs.
Morristown) – Speaking outside of a closed storefront in downtown Morristown, Douglas Herbert addressed the urgent need to help struggling small businesses in New Jersey’s Eleventh District. Doug said, “Small businesses are the engine of our economic growth. They account for 75 percent of new job creation… Nothing should be more non-partisan than helping small businesses grow and putting Americans back to work.”
Referring to Rodney Frelinghuysen’s recent vote against the ‘Small Business Lending Fund Act,’ Doug emphasized, “Rodney talks about how he supports small business and how he wants to help put people back to work. However, when he has a chance to act, a chance to actually help small business, Rodney Frelinghuysen votes against their interests.”
“Now is not a time to play politics with people’s lives. I would have voted to allow small businesses to rehire and reinvest. By putting money in the hands of those who will use it, we can and will create an economic recovery one dollar at a time.”
In order to help small businesses gain access to the resources necessary to grow, Doug proposed three approaches:
(1) I will fight to provide payroll tax credits for small business that hire and rehire Americans currently unemployed. Many small business owners that I have spoken to have told me that they would put this credit back into their business and into hiring new employees.
(2) I will fight to expand government guaranteed loan programs and credit lines to small businesses. As a small-business owner myself, I know that access to capital is a primary concern for many small business owners now. We cannot sit back and allow small businesses to suffocate while Congressmen like Frelinghuysen approve billions of dollars in big bank bailouts. Bills like the one last week are crucial to ensuring business can survive this recession.
(3) Lastly, it is time that we have a Congressman in the Eleventh District who will support innovation and high-tech job creation. Through investments in research and a tax credit so that businesses can innovate, I will work to bring new, high-tech jobs to the Eleventh District. I will not accept the status-quo; there are real steps we can take to create new high-paying and secure jobs here.
Closing his comments, Doug said, “Small-businesses drive our economy, and I will make sure that their interests and the Eleventh District’s interests are represented in Congress.”
To read Doug’s full statement
Douglas Herbert is a veteran of the 82nd Airborne and he currently resides in Chatham, NJ. He is running against the eight-term incumbent Rodney Frelinghuysen.
>The following letter written by Mr. Vin Gopal appears on the AHherald.com
This November, we’ll find the usual cast characters on the ballot: wall street millionaires, politically-connected lawyers and career politicians, all of whom will try to convince us that they know what is best for us. As a small business owner, I work 16 hours a day, battling to make payroll for my employees while fighting to keep prices low for my customers and clients. One member of Congress understands what small business owners go through every day. His name is Rush Holt and he is not a career politician, he is a rocket scientist turned college professor turned public servant. During his tenure in Congress, Representative Holt has had a far greater outreach into the small business community than any other member of Congress in the New Jersey delegation.
He feels our frustration and pain when we are working twice as many hours making half of what we used to two years ago. That is why he recently introduced the “Creating Jobs From Innovative Small Businesses Act of 2010” – legislation which would encourage small business investment by establishing a temporary 20 percent tax credit for investments in research-intensive small businesses. Last year, Representative Holt helped pass legislation in the House that would eliminate fees on SBA loans and increase loan guarantees to increase lending to small businesses. Month after month, Representative Holt is fighting for us in Congress.
As Labor Day passes and as the campaign season heats up, the last thing small business owners need is another wall street genius who claims he can fix all of our problems. We need someone who has walked the walk and that is Representative Rush Holt. As a private citizen and a proud small business owner, I urge Central Jersey residents to vote for Rush Holt, someone small business owners can count on and someone Wall Street can count against.
Long Branch, NJ
Vin Gopal serves on the Board of Directors for the Northern Monmouth Chamber of Commerce and is President of the Hazlet Business Owners Associations. He is the co-owner of Monitor Publications, which currently markets over 200 small businesses throughout Monmouth and Middlesex Counties. These views in this letter do not represent the position(s) of any of these organizations.
From the Asbury Park Press –
The environmentally-conscious moves could save employers money in the long run and jump-start the alternative energy industry.
“There are all sorts of reasons to change,” Rep. Rush Holt, D-N.J., said. “Some of those reasons are (that) it’s economically advantageous.”
Holt sponsored a forum at the Monmouth County Library Headquarters, telling nearly three dozen people in attendance that America’s economy and security would benefit from a shift to alternative energy.
There are signs that New Jersey is embracing the idea. The state has the nation’s second most solar capacity in the nation, behind only California. And the use of solar energy in the Garden State has tripled during the past year, said Joananne Bachmann, renewable energy account manager for New Jersey’s Clean Energy Program.
Some in the audience said they were on board — if they could get financial help.
To complete the project, she said her company wants to buy the building from its
landlord, renovate it and expand.
“It’s quite hard right now for small businesses to do these on your own, so you’re
looking for incentives,” Brown said.
Officials highlighted several programs to help convince owners to conserve energy, assess their building for upgrades and look for alternative energy sources such as solar and wind power.
The main ones:
— Small and medium-sized companies with a peak electric demand that hasn’t exceeded 200 kilowatt hours during the past year can participate in a program called “Direct Install” in which a contractor assesses the efficiency of businesses’ heating and air conditioning, electrical and lighting systems.
Read More >>> Here
Following the signing of historic Wall Street Reform legislation, the President lays out his plans to strengthen the middle class, give tax breaks to small businesses that create jobs here, invest in homegrown, clean energy, and cut taxes for working families. The President also contrasts that plan with the agenda outlined by the Republican House Leader that would return America to the policies that created this economic crisis, drastically increase the deficit, and make permanent massive tax breaks for the very wealthiest Americans.