is not the voice of multinationals or plutocrats. Most of its members are smaller or medium-sized business. And not everything it support is worth opposing.
Look at some of the individual bills on that link that the CoC supported. Presumably, those are part of the 54%.
(3) COLLEGE OPPORTUNITY AND AFFORDABILITY-H.R. 4137
On July 31, the Senate passed the conference report on H.R. 4137, the College Opportunity and Affordability Act by an 83-8 vote. The bill reauthorizes and amends the Higher Education Act of 1965 by providing financial relief for students, enhancing access to and affordability of higher education, and creating more flexibility within the higher education system.
The Chamber supported the conference report because it allows employees to align their educational goals with the needs of American business. Many of the programs highlighted in H.R. 4137-especially those related to science, technology, engineering, and mathematics-help reduce the education gap. This legislation also assists in developing long-term solutions to expand the pool of educated and qualified American workers and improve excellence in education.
(6) RENEWABLE ENERGY AMENDMENT-H.R. 3221
On April 10, the Senate approved a Chamber-supported amendment to H.R. 3221, the Foreclosure Prevention Act, by a vote of 88-8.
This amendment contained important incentives that would have aided the development of renewable and alternative energy technologies essential to our nation's future. Although this amendment was adopted by the Senate, it was excluded from the final version of H.R. 3221, which the president signed into law on July 30.
(8) ECONOMIC STIMULUS REBATES-H.R. 5140
The Senate overwhelmingly passed H.R. 5140, the Recovery Rebates and Economic Stimulus for the American People Act, on February 7 by a vote of 81-16. This legislation provides incentives to encourage consumer spending, increase business investment, and promote job growth, all of which are critical to improving the nation's economic outlook.
The Chamber supported this bill because it includes bonus depreciation and increased expensing provisions, which reduce the amount of time required for businesses to recover investment costs. In addition, the legislation increases loan limits for government-sponsored enterprises and for the Federal Housing Administration.