“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 proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.
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