We develop and support policies at the state and federal level that benefit the entire small business ecosystem—ranging from access to responsible capital, healthcare and other essential benefits, and promoting fair competition.
“When the U.S. House of Representatives decided to advance legislation that would reduce funding for Medicaid, change Affordable Care Act (ACA) enrollment requirements and keep Section 199A effectively unchanged, lawmakers not only missed out on what could be their last chance for many years to help America’s small businesses through meaningful policy reforms, they also made things worse for many small firms.
Small businesses are sounding alarm bells over the enormous new debt at the core of the ‘Big, Beautiful Bill’ because entrepreneurs fear that this increased spending would create an environment in which it is much harder for their businesses to succeed. Our research found that as the deficit grows, most small businesses worry they would face increased inflation, devastating federal budget cuts in the future, and higher interest rates and borrowing costs. And what does the ‘Big, Beautiful Bill’ offer small businesses in return for $4 trillion in debt and a more challenging economic landscape? Devastating cuts to critical healthcare programs, and doubling down on tax policies skewed to the wealthiest businesses and individuals.
“The U.S. Senate’s version of the ‘Big, Beautiful Bill’ is a mix of disappointments, missed opportunities and outright concerns for small businesses. From making healthcare more expensive for small business owners and their employees to making permanent a supposed small business tax deduction that actually does almost nothing to create savings for small firms, there isn’t much here that would help entrepreneurs succeed. And along with those shortcomings, we are concerned that the Senate version will drive up the debt even more than the proposal from the U.S. House of Representatives.
Washington, D.C. — Small Business Majority announced today its support for legislation introduced by U.S. Rep. Gwen Moore (Wisc.-04) that would bring new tax benefits to the vast majority of small businesses.
On April 30, Small Business Majority released the second report of the quarterly Voice of Main Street opinion poll series, which assesses the challenges and opportunities that entrepreneurs in our network are facing. The report, in addition to shedding light on capital challenges, reveals small businesses do not support President Donald Trump and the Department of Government Efficiency’s actions to cut government spending. In particular, a large majority (78%) are concerned about cuts to the Small Business Administration and its programs.
On April 14, Small Business Majority submitted a statement for the record in response to a recent joint House and Senate Small Business Committee hearing titled “Prosperity on Main Street: Keeping Taxes Low for Small Businesses.” It urges Congress to reform the 199A pass-through deduction to deliver more meaningful tax relief for small businesses, particularly as they face increasing economic uncertainty from the administration’s unpredictable rollout of global tariffs.
Since the U.S. Supreme Court overturned Roe v. Wade in 2022, reproductive healthcare access has changed dramatically across the country. These changes aren’t just affecting individuals—they’re also impacting small businesses. To develop a deeper understanding of how access to reproductive health services impacts entrepreneurs, Small Business Majority held three focus group discussions in January 2025 with small business owners from across nine states. The report reveals that small business owners and their employees are greatly impacted by reproductive health and access to reproductive health services.
On April 3, Small Business Majority sent a letter to Senate leadership in opposition to the budget framework released this week, which keeps trillions of dollars in spending cuts on the table and provides for more than $5 trillion in tax cuts that will largely benefit large corporations and wealthy individuals at the expense of small businesses.
Far from a ‘Liberation Day’ today for small businesses, President Trump’s latest announcement that there will be new tariffs – including 10% on all imports – could spell doom for many small firms. We’ve heard from small business owners who said that any cost increases can be devastating for businesses already operating on thin margins. And widespread tariffs of the type the president just announced will mean most small businesses have no choice but to pass their costs on to customers. Larger businesses, however, are more likely to have flexibility to absorb increased overhead, keeping prices lower and undercutting their smaller competition.
On April 1, Small Business Majority Founder & CEO John Arensmeyer testified before the U.S. House Committee on Small Business during a hearing titled “The Golden Age: Unleashing Main Street Through Deregulation.” In his testimony, John emphasized that small businesses nationwide are more concerned about burdensome tariffs, federal funding freezes, cuts to essential federal agencies supporting small businesses, and mass deportations than the effects of federal regulations.
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