Brooklyn, NY News

Congressman Turner and Brooklyn Chamber Host Brooklyn Business Owners
Date:  2/14/2012

New York – Congressman Bob Turner (NY-09) hosted a Brooklyn small business roundtable with the Brooklyn Chamber of Commerce and local small business owners at Brennan & Carr Restaurant, located on Nostrand Avenue and Avenue U, in Brooklyn this morning. The event featured Congressman Turner listening to the challenges and ideas of Brooklyn businesses, and his efforts to increase access to capital and reduce burdensome regulations in order to create jobs.

“Small businesses are the backbone of our economy. If we don’t help small business growth, we are holding ourselves back from a full economic recovery and resurgence,” Turner said. “The Brooklyn Chamber of Commerce and Acting President Rick Russo are doing an exceptional job of recognizing the need for local small business owners to come together and discuss mutual issues facing their businesses and how they can overcome them. I appreciate their efforts in helping to coordinate this important discussion today” Turner said.

Brooklyn Chamber of Commerce Acting President Rick Russo said, “The Brooklyn Chamber would like to thank Congressman Bob Turner for convening this meeting for member businesses for a frank and honest discussion about how we can move the economy forward. This type of dialogue is vital for business leaders and elected officials alike, and we look forward to working with the Congressman in the future.”

During the discussion, Turner noted that during his long business career he found that increased access to capital for businesses and a reduction in government regulation are what is needed to stimulate job growth. The participants discussed a wide range of issues such as the need to foster home ownership; cutting back on onerous government regulations; reducing the dependency on government; as well as Obamacare and the long-term survival of Social Security and Medicare.

Turner noted the Small Business Administration’s (SBA) report that small businesses (those who employ fewer than 500 employees) employ just over half of all private sector employees and have generated 64% of net new jobs over the past 15 years.

“It costs small businesses with fewer than 20 employees an estimated $10,585 per employee to comply with federal regulations annually. Nearly two-thirds of the job growth in this country comes from small businesses. Currently, there are 4,000 federal regulations in the pipeline to be implemented. This has a dramatic impact on the decision to hire a new employee,” the Congressman said. “We must reform the regulatory process and reduce the burdens they place on our small businesses if we are going to get our economy back on track and create jobs.”

“I am proud to have helped pass a number of bills that will ease the burden and clear the path for entrepreneurs and existing small business owners to create jobs, businesses, and economic growth,” Turner said.

The Congressman has voted in favor of many bills aimed at creating a pro-growth environment for businesses such as H.R. 2930, The Entrepreneur Access to Capital Act; H.R. 2940: Access to Capital for Job Creators Act; H.R. 3630, Temporary Payroll Tax Cut Continuation Act of 2011; H.R. 1315, Consumer Financial Protection Safety and Soundness Improvement Act of 2011; and H.R. 2587, Protecting Jobs From Government Interference Act; all of which seek to limit regulations, ease tax burdens, and provide the access to capital necessary for small businesses to thrive.

Other attendees included local leaders in the business community such as Bradley Korn of Continuum Health Partners and co-chair of the Chamber’s Govt. Affairs Committee; Gil Cygler, owner of AllCar rent-a-car and co-chair of the Chamber’s Government Affairs Committee; Jim Cafiero of Telecom Tech Services; Daryl Finn, General Manager of Kings Plaza Shopping Center; Adam Giodano of the Marine Park Golf Course; Jeff Cohen, owner of Top Liquors in Marine Park; and Tom Sullivan of Brennan & Carr’s.

Congressman Bob Turner represents New York’s 9th Congressional district and serves on the House Committee on Foreign Affairs, House Committee on Veterans’ Affairs, and House Committee on Homeland Security.

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