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A diverse and dynamic economy is essential to our nation's
prosperity. Commitments to our nation's
small businesses as well as our national workforce are fundamental to our economic
policy.
Small businesses are the backbone of our nation's economy
and their prosperity directly affects the health of our nation's economy. As a result, we need to do all we can to
encourage and stimulate growth in the small business sector. This means providing financial incentives
where appropriate and structuring tax policy so that small businesses operate
in an environment that positions them to thrive and succeed.
With respect to our nation's workforce, we need to ensure
that each and every hardworking American makes enough to provide for their families. The best way this can do this is by increasing
the federal minimum wage, which I'm proud to say, was finally accomplished
earlier this session for the first time in over a decade. By increasing the minimum wage, we'll be
giving our hardworking families a much deserved raise while simultaneously stimulating
local economies. When people have more
money to spend, they tend to do so locally, and the increased wages will
directly benefit local small businesses.
A healthy small business sector and a strong workforce are
critical to our nation's prosperity. By crafting
economic policies that facilitate economic opportunity for small businesses and
American workers, we'll secure our economic future as a nation.
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