ABC to Congress: Support policies promoting job creation, small-business lending

Tina Grady Barbaccia

January 21, 2011

The Associated Builders and Contractors (ABC) and the Independent Community Bankers of America (ICBA) called on Congress to support policies that promote small-business lending and job creation.

In a joint letter from ABC and ICBA dated Jan. 20, 2011, the organizations note that “access to capital continues to be a major concern for American’s small-business entrepreneurs.”

The groups also say they believe that “tax policy uncertainty and a more oppressive regulatory environment have made it even more difficult to fund private sector projects.”

With the construction industry unemployment rate at 20.7 percent and a loss of about 1.9 million construction jobs since December 2007, ABC and ICBA say that “policies that foster job creation and economic growth must remain a top priority.”

For a downloadable PDF of the letter from the Associated Builders and Contractors and Independent Community Bankers of America to Congress, click here.

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