White House touts 'small business boom' ahead of midterm elections, despite high inflation, gas prices

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Facing the prospect of a shellacking for his party in the upcoming midterm elections amid high inflation and gas prices, President Biden is touting a “small business boom” coming out of the pandemic and releasing a four-pillar economic strategy for small businesses.

"Through the American Rescue Plan and the equitable implementation of emergency relief programs, President Biden and Vice President Harris fostered the strongest recovery for Main Street on record," the White House says in a one-pager on the plan. "In 2021, Americans applied to start 5.4 million new businesses—more than 20 percent higher than any previous year on record.

The White House report claims that "the Biden-Harris agenda laid the foundation for this small business boom." The report contrasts Biden's plan with the GOP proposal put forward by Sen. Rick Scott, R-Fla. The White House is also releasing a state-by-state analysis of the Congressional Republican tax plan, claiming that the plan "would raise taxes on nearly half of small business owners , including 82 percent of small business owners making less than $50,000 per year."

 

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What is this Biden’s version of Obama’s small business didn’t start without someone’s help?

And the sheep believe it!

President can’t control gas prices. Supply and demeans and war in Ukraine are issues driving prices up

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Source: WashTimes - 🏆 235. / 63 Read more »