Administrator Linda McMahon's Official Statement on the President's First State of the Union Address

WASHINGTON, Jan. 31, 2018 /PRNewswire-USNewswire/ -- The following statement was made by U.S. Small Business Administration Administrator Linda McMahon:

"As I travel the country visiting with small business owners, I hear a sense of optimism in our economy ? entrepreneurs are thrilled to have a President who has proven he has listened to their concerns and acted in their best interests. Small business owners are applauding the Tax Cuts and Jobs Act and responding by investing in their companies and their employees ? raising wages, providing bonuses or increasing benefits, and creating more jobs. Meanwhile, large companies like Apple and Chrysler are bringing billions of dollars back to our shores and planning future investments in America. The GDP is growing at a solid pace, and the stock market is at record highs, increasing the value of college savings and retirement accounts. Economic growth benefits all Americans, and a strong economy is a critical foundation on which we can build other policy priorities like workforce development, infrastructure improvement and national security."

About the Small Business Administration
The U.S. Small Business Administration (SBA) was created in 1953 and is a Cabinet-level agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.  The SBA helps Americans start, build and grow businesses.  Through an extensive network of field offices and partnerships with public and private organizations, the SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam. To learn more about SBA, visit http://www.sba.gov.

Release Number: 18-06

Contact: Roma Daravi (202) 205-6552
Internet Address: http://www.sba.gov/news
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SOURCE U.S. Small Business Administration