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Wednesday
Feb032010

Joint Economic Committee Ready To Hear From America's CEO’s

By Monique Cala - University of New Mexico/Talk Radio News Service

Joint Economic Committee Chairwoman Rep. Carolyn Maloney (D-NY) said on Wednesday that her committee sent surveys to the top 100 small business CEO’s for input on how to stimulate job growth. Feedback would be used by the committee to help other small businesses nationwide, according to Maloney.

With job growth number one on the President’s agenda, Maloney highlighted an idea being presented to Congress which would give tax credits to small businesses that hire new employees.

Maloney also touched upon national housing prices, which have increased for the month of January, along with personal income and the personal savings rate. The Chairwoman said that with exports, consumption and overall GDP on the rise, the nation's economy is slowly but surely recovering.

The committee will conduct a hearing next Tuesday featuring leading economists and small business representatives that will explore methods of boosting job growth.

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