NAW Congratulates President Bush and Congress for Acting on the Economic Jobs & Growth Initiative

Washington, DC -- The National Association of Wholesaler-Distributors (NAW) congratulates the President and the Congress for acting on the Economic Jobs and Growth initiative. With its passage of the Conference Report on H.R. 2, Congress sends to the President a strong measure to spur economic growth and foster job creation.

NAW further applauds the Congress for passing legislation without offsetting tax hikes, which would have undermined the goal of economic growth and job creation.

“Our economy needs a jump-start, and to achieve that we need to create jobs, encourage business investment, and restore consumer and investor confidence. This legislation takes decisive steps to accomplish those goals,” according to Dirk Van Dongen, NAW President.

NAW has been working with the Administration and allies in the business community on behalf of a robust and effective growth and jobs initiative. “H.R. 2 includes all the key elements of the President’s original growth proposal, and ensures that the effects of its provisions will be sufficiently strong in the first two years to maximize their stimulative impact on the economy,” said Van Dongen.

“We congratulate the President and the Congress for acting decisively, and for acting quickly, to get this necessary tax relief enacted. It’s the right medicine for our economy, and it was critical that it be enacted now so that the economy can begin to benefit,” added Jade West, NAW Senior Vice President-Government Relations.

The National Association of Wholesaler-Distributors is the national voice of the wholesale distribution industry. Its membership encompasses over 100 national line-of-trade associations, 50 regional, state and local wholesale distribution associations, and approximately 40,000 wholesale distribution companies.