Tax reform, aging U.S. infrastructure and the polarized political landscape were among many topics explored on Tuesday at the ACG Middle-Market Public Policy Summit.
Part of ACG Leadership Week, the Washington, D.C., event drew more than 100 attendees eager for updates on how legislation affecting the middle market is shaping up in the nation’s capital.
“Middle-market companies really help drive the economy,” said Rep. Steve Stivers, an Ohio Republican and one of several legislators to address the conference. “They didn’t lay off, they actually grew. That is the big public policy argument you have, and you should make.”
Legislators and the public at large need to gain a better understanding of the middle-market sector’s contribution to the economy and ways policy initiatives can fuel momentum for midsize businesses, he said, noting his support for legislation to extend the Export-Import Bank and promote capital formation with bills such as the Small Business Capital Access and Job Preservation Act.
“It’s really important that everybody is in the same boat and rowing in the same direction in this country,” said Stivers, speaking at the Park Hyatt Washington.