Navigation Links
Sequestration is not a smart strategy for reducing the deficit, say small business leaders
Date:2/26/2013

Alexandria, Va.February 26, 2013 More than two-thirds (67%) of small business leaders say basic research funded by the federal government is important to private sector innovation, according to a new nationwide survey of small business owners/operators commissioned by Research!America. In addition, nearly half (45%) say medical research funding to universities and other non-governmental research institutions should not be cut as part of sequestration, and a plurality (40%) say that such across-the-board cuts are not a smart strategy for reducing the deficit.

The survey findings also reveal that small businesses support the federal government's role in science, technology, engineering and math (STEM) education. Seventy percent of respondents say STEM education is important to the future of their business and the federal government should increase funding for those programs.

"It is striking that small business owners, the backbone of our economy comprising nearly 80% of business leaders nationwide, strongly value federal support for research and recognize the major role it plays in spurring private sector growth," said Research!America President and CEO Mary Woolley.

A majority of respondents (85%) say it's very important or somewhat important to reduce the federal debt and deficit and to cut federal corporate and individual tax rates (81%). Among the top strategies for deficit reduction are entitlement reform (25%), eliminating targeted corporate tax breaks (22%) and closing tax loopholes (21%). Seventy-seven percent say the rising cost of health care, a major chunk of our national debt, is important to their businesses, a concern that mirrors other components of the economy as well as individuals. A huge majority, 80%, say it's important for the government to support research that focuses on making our health care system more efficient.

The concern of small business owners is strikingly evident as it relates to our nation's world leadership status, with 90% describing research and development as important to our global competitiveness.

"Small business owners understand the critical role of federal government in giving small businesses a launching pad that includes the stimulus of innovation based on federally supported research and development," added Woolley. "Deep cuts to medical research funding would be detrimental to small businesses, our nation's economy and global competitiveness if policy makers allow the sequester to take effect."

The nationwide survey of small business owners/operators was conducted by Zogby Analytics for Research!America. Based on a confidence interval of 95%, the margin of error for the panel of 203 business owners is +/-7.0 percentage points.


'/>"/>
Contact: Anna Briseno
abriseno@researchamerica.org
571-482-2737
Research!America
Source:Eurekalert

Related medicine news :

1. ACP urges Congress to halt across-the-board sequestration cuts in health programs
2. SMART heart eases heart ache, targets cardiac patients emotional well-being
3. Anxiety Linked to Smarts in Brain Study
4. Well-connected brains make you smarter in older age
5. Infant Smarts Similar With Different Types of Formula: Study
6. The Attilio Group’s TAG™-Simply Faster Taps SmartSales To Accelerate Its Expansion Into National Reach
7. Lauren Sciences LLCs research team at Ben-Gurion University awarded Campbell Foundation grant to develop a V-Smart therapeutic for neuro-HIV
8. Dads Smarts May Mean More to His Sons Success Than His Money
9. Engineering the smart health care of the future
10. Engineers improve blood testing technology with smartphone app, hand-held biosensor
11. Sport makes middle-aged people smarter
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/18/2017)... ... January 18, 2017 , ... At Hallmark Nameplate, their commitment ... they have achieved certification to ISO 13485. This certification is another way they are ... date products and services that they need. , The ISO 13485 Certification is a ...
(Date:1/18/2017)... ... 2017 , ... The Hear the World Foundation, a Sonova ... of cochlear implants. In February 2017, the first three children with profound hearing ... leading an independent life. This engagement builds on the support the Hear the ...
(Date:1/17/2017)... ... January 17, 2017 , ... January is National Stalking Awareness Month (NSAM), now ... in the corners and commit the crime of stalking, a very real danger to many ... often overlooked factor in stalking and other crimes. , “Stalking: know it. Name it. Stop ...
(Date:1/17/2017)... ... January 17, 2017 , ... For breast cancer clinicians and ... or those who desire a more intimate review and analysis of its highlights, a ... to Bedside—is being offered by Imedex on February 4, 2017 in Chicago. Chaired by ...
(Date:1/17/2017)... ... January 17, 2017 , ... Kevin Harrington (one of the original Sharks from ... campaigns regarding the topic of Beauty and Personal Care. , Everyone ... better way to commit to these changes than beginning with personal care and beauty ...
Breaking Medicine News(10 mins):
(Date:1/18/2017)... , Jan. 18, 2017  Tarix Orphan LLC ... has granted a Rare Pediatric Disease (RPD) designation for ... Recessive Dystrophic Epidermolysis Bullosa (RDEB), a rare genetic skin ... and treatment is limited to supportive care. ... Orphan Drug Designation previously granted by the FDA in ...
(Date:1/18/2017)... 2017  Astellas Pharma Inc. (President and CEO: ... its participation in Access Accelerated, a global, multi-stakeholder ... prevention, diagnostics and treatment in low-income and lower-middle ... companies and in collaboration with the World Bank ... (UICC), Astellas will work towards the United Nations ...
(Date:1/17/2017)... DUBLIN , Jan 17, 2017 Research ... Pancreas Devices System Market 2016-2020" report to their offering. ... The global artificial ... during the period 2016-2020. Global Artificial Pancreas Devices System ... with inputs from industry experts. The report covers the market landscape ...
Breaking Medicine Technology: