2008 Economic Stimulus Package
What Business Owners Have to Say
"Being a large manufacturer, the plan's tax incentives made purchasing new equipment a 'no-brainer'. Not only do we get the tax savings, but just as importantly, we also get the benefits of more production from better, more reliable equipment which absolutely helps us compete with manufacturers in Mexico, China and India."
- Ryan Robinson, president and co-owner of Signal Metal Industries, Irving, TX
"There's no doubt that this plan will jumpstart our spending on capital equipment and expand our services. We've already placed deposits on new printing presses and soon will be adding a line of digital equipment, allowing us to move into entirely new markets."
- Raymond Pinard, president and CEO of 48HourPrint.com, Boston, MA
"Due to the stimulus package we are starting the negotiations to purchase an additional mill that will allow us to expanded capacity and help meet customer demand. As customers demand faster, less expensive manufacturing—and with tighter profit margins due to increased competition—purchasing new technology is essential to our survival."
- Darlene Miller, president and CEO of Permac Industries, Burnsville, MN
"Recently we purchased two new servers and routers, and we plan to upgrade nearly 30 office computers thanks to the Act's expensing benefits. As EdOptions prepares to expand and move to new offices this quarter, this incentive is a big boost to our purchasing power for needed equipment."
- Tom Sawner, CEO of Educational Options, Arlington, VA
Economic Stimulus Act of 2008
Take Advantage of Tax Breaks Soon!
The clock is ticking for businesses to take full advantage of tax benefits provided in the Economic Stimulus Act of 2008.
U.S. Chamber members Tom Sawner (far left) and Darlene Miller (far right) discuss the benefits of the economic stimulus bill with President Bush.
The membership of the U.S. Chamber of Commerce provided essential support for passage of the Economic Stimulus Act of 2008. On Monday, April 7, President Bush met with nine business owners from across the United States, including four Chamber members, to discuss the benefits of the bill for small and mid-size businesses.
From ChamberPost | April 7, 2008
Chamber Members Blog About the Meeting
Stimulus and Education
Tom Sawner, CEO of Educational Options, Arlington, VA
Stimulus and Manufacturing
Ryan Robinson, president and co-owner of Signal Metal Industries, Irving, TX
Stimulus and Growth
Raymond Pinard, president and CEO of 48HourPrint.com, Boston, MA
Stimulus, Productivity, and Precision Machining
Darlene Miller, president and CEO of Permac Industries, Burnsville, MN
Giovanni Coratolo - Executive Director, Small and Mid-Market Business Councils
Chamber Action on the Stimulus Bill
The Chamber played an active role in getting the economic stimulus package through both houses of Congress and to the President's desk. See a sampling of Chamber actions and communications below.
Grassroots Action Alert
- February 13 - Small Business Owners See Positive Impact Of Economic Stimulus Package
- January 24 - Chamber Says Stimulus Plan Good for Businesses and Families
Letters to Congress