“President Bush’s plan provides an economic boost to virtually every family and business in America. Accelerating the tax cuts and depreciation will preserve and create precious jobs. It will provide much-needed relief for millions of family-owned businesses, including food retailers across America.
“We must recognize two important realities in today’s much-changed world. First and foremost, our nation’s survival and prosperity depend on the power of unity. We need a united Congress working with the president to give our economy a broad-based stimulus.
“The second reality is the need to act swiftly. If we are to restore consumer confidence in our economy, we must provide leadership that shows the government is moving quickly using every resource available. Approving President Bush’s economic stimulus plan now would send a strong, positive message to consumers.”
FMI is a leading member of the Tax Relief Coalition, which has endorsed the Bush plan. The association is among the 10 leaders on the Steering Committee of the 1,000-member coalition.
Food Marketing Institute (FMI) conducts programs in public affairs, food safety, research, education and industry relations on behalf of its nearly 1,250 food retail and wholesale member companies in the United States and around the world. FMI’s U.S. members operate more than 25,000 retail food stores and almost 22,000 pharmacies with a combined annual sales volume of nearly $650 billion. FMI’s retail membership is composed of large multi-store chains, regional firms and independent operators. Its international membership includes 126 companies from more than 65 countries. FMI’s nearly 330 associate members include the supplier partners of its retail and wholesale members.
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