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Monday, October 4, 2004

For Immediate Release 

Walden Named “Small Business Advocate,” “Friend of the Shareholder”
 

Small Business Survival Committee, American Shareholders Association recognize Congressman’s work on behalf of economy, small businesses

Washington, D.C. – U.S. Representative Greg Walden (R-OR) has been honored by the Small Business Survival Committee (SBSC) as a “Small Business Advocate” and by the American Shareholders Association (ASA) as a “Friend of the Shareholder” for his work and legislative record during the 108th Congress.

As one of the nation’s leading small business advocacy groups, the SBSC presented their Small Business Advocate award to Walden based on a legislative record that demonstrated a strong commitment to America’s small business and entrepreneurial sector. “Small businesses have shouldered much of the responsibility in getting our economy back to strong levels of growth,” said SBSC president and CEO Karen Kerrigan.  “By voting for key small business initiatives, Rep. Walden has played a vital role in encouraging job creation and business investment.”

“As small business owners, my wife and I have created jobs and met payroll that is spent in our local community, and we know how hard small businesses throughout Oregon work to keep our economy growing,” said Walden.  “Small businesses are the backbone of the American economy, especially when it comes to rural communities, and it is important that we encourage individuals to start, invest in and expand these companies.”

Additionally, the ASA awarded their annual “Friend of the Shareholder” honor to Walden as a result of his commitment to issues important to investors and the economy, such as tax relief for working families and preserving the use of stock options.  Representative Walden has a 90 percent voting record with the organization.

“The Friend of the Shareholder award demonstrates Representative Walden stood on the side of investors during this critical time by voting for pro-growth, pro-investor legislation which has boosted investor confidence,” said ASA executive director Daniel Clifton.  “His voting record demonstrates an avid commitment to protecting Oregon shareholders and enhancing economic growth in America.”

“More than 50 percent of households in America currently invest in the market to plan for retirement, fund college educations and provide for their families,” said Walden.  “When we have a strong market and high investor confidence, we have a strong economy and increasing job creation.  These are elements important to the entire nation, but especially here in Oregon where unemployment remains higher than nearly all other states in the country.”

“I am honored that these groups have recognized my commitment to increasing the economic health of our communities, state and nation,” added Walden.  “As our economy continues to trend upward, so will our quality of life.”

The SBSC is a national nonprofit small business advocacy organization with 70,000 members nationwide.  The ASA is a nonprofit organization dedicated to analyzing legislation affecting shareholders and to the education of U.S. investors.

Congressman Walden represents the Second Congressional District of Oregon, which includes 20 counties in southern, central and eastern Oregon. He is a Deputy Whip in the House leadership structure and a member of the House Committee on Energy and Commerce as well as the Committee on Resources.

 

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