Franchise Owners to Congress: Don't Go Over the Cliff
You might have seen them walking around the Hill this week, wandering the Cannon House Office Building with oversize red-white-and-blue lapel pins.
Hundreds of franchising employers and members of the International Franchise Association are in Washington this week to lobby Congress about the fiscal cliff. The edge is in sight and they're worried that taxes might go up.
"There's real jobs to be created right now. There are money and jobs sitting on the sidelines," IFA spokesman Matt Haller told the Alley.
The group's annual event in Washington comes as the Chamber of Commerce urged the president and Congress to keep the so-called Bush-era tax cuts in place and to find an alternative to the automatic spending cuts--the sequester. The IFA signed onto the Chamber's letter.
IFA members had some 150 meetings with lawmakers scheduled this week, Haller said. Whether those meetings proved successful isn't something we're likely to find out soon.
Congress is unlikely to act on the fiscal cliff until after the election.