New Fuel Efficiency Standards Power Small Business Success

Huffington Post

A poll released Friday indicates the vast majority of small business owners will be pleased with the deal President Obama struck with automakers that raises fuel efficiency standards to 54.5 mpg for cars and light trucks. Obama’s plan, which he announced Friday, mirrors the desires of small business owners, who believe high fuel efficiency standards are essential to sparking job growth and stimulating the economy.

Polling by Small Business Majority found 87 percent of small business owners believe it is important to increase fuel efficiency standards now. Once standards are raised, the money saved on fuel will be injected into the economy as cash becomes available to business owners who want to hire new employees but are unable to because of suffocating energy costs.

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