IIABA’s Soto Chosen as Panelist for Bush Economic Forum

August 13, 2002

Alex Soto, a member of the Independent Insurance Agents & Brokers of America’s (IIABA) Executive Committee, will participate in a White House-led economic forum hosted by President Bush and Vice President Cheney Aug. 13 in Waco, Texas.

“I am extremely honored that President Bush and his Administration are affording an opportunity to IIABA and me as a business owner to present ideas that will create a better business environment, promote job creation and stimulate more economic growth,” said Soto, who will join in a panel discussion with the President or Vice President and other administration officials and business leaders called “Small Business & Smarter Regulation.” “Employees are my most important business asset. My partners and I always are exploring ways to expand and add new employees. There are ways the federal government can help—rather than hinder—job creation and expansion. I hope to share my thoughts with the President and Vice President tomorrow.

“It is characteristic of strong leaders to seek input from experts. Through this forum, President Bush is seeking counsel from business leaders, employees and others on ways to help businesses hire new workers by reducing onerous regulations and taxes,” continues Soto, president of InSource, Inc. a Miami, Fla.- based independent insurance agency. “We applaud the President for promoting corporate responsibility. We require our Trusted ChoiceSM agencies to sign a pledge of performance that includes ethical standards. Capitalism is the world’s best economic system only when we are true to our clients, customers, shareholders and employees. The President knows this and is holding this forum to improve the world’s greatest economy.”

The Forum at Baylor University will feature multiple sessions on key economic issues—from corporate responsibility to job creation, and the one focused on small businesses that will include Soto as a panelist.

During the panel, Soto said he would like to discuss a number of business- relevant concerns with the top policy makers, including health insurance costs, payroll taxes, tort and civil justice reform, permanent estate tax repeal, terrorism insurance, the USA Patriot Act, tax simplification, workplace ergonomic standards, privacy regulations and more.

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