Budget

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 wealthy individuals and large corporations at the expense of small businesses.

On March 11, Small Business Majority sent a letter to House and Senate leadership ahead the consideration of a full-year continuing resolution (CR) to urge lawmakers to rather prioritize the needs of America's entrepreneurial community through the passage of a clean, short-term CR that allows Congress to work in a bipartisan manner to fulfill its duty of enacting all 12 FY25 appropriations bills to properly fund the agencies and programs that small businesses utilize to grow. 

On February 24, Small Business Majority sent a letter to House leadership in opposition to the Republican budget resolution which outlines up to $2 trillion in spending cuts and makes way for upwards of $4.5 trillion in tax cuts that will largely benefit large corporations at the expense of small businesses. This destructive spending plan would cut funding for the programs that small businesses rely on everyday, including Affordable Care Act (ACA) subsidies, Medicaid, and U.S. Department of Agriculture loan and grant programs that support rural businesses and farmers.

Today, hundreds of small business owners and business organizations added their names to a letter urging Congress to pass the Inflation Reduction Act of 2022. The letter outlines how small businesses stand to benefit from the legislation, namely by improving access to healthcare, increasing tax enforcement on large corporations, and making meaningful climate change investments.

Today, John Arensmeyer, CEO and founder, submitted a letter to Congressional leadership offering strong support for the Inflation Reduction Act of 2022. The Inflation Reduction Act's provisions would improve access to healthcare, increase tax enforcement on large corporations, and make meaningful climate change investments. 

Small Business Majority has released its comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Virginia during and after the COVID-19 pandemic. It’s critical that state lawmakers enact policies to support and empower these entrepreneurs by guaranteeing that they have access to capital to sustain their businesses, affordable and quality healthcare and the tools and benefits they need to grow now and in the future.

Hundreds of small business owners have added their names onto a sign-on letter calling on Congress to immediately invest in human infrastructure. Entrepreneurs and employees need access to benefits that will help us compete and ensure employees have the resources they need to fully participate in the workforce, as well as reforms to level the playing field for small businesses, particularly when it comes to tax reform. 

President and CEO of Small Business Majority, John Arensmeyer, submitted a letter of support for the provisions in the Small Business title of the Budget Reconciliation package. The provisions in the Small Business Committee title will make $25 billion worth of critical investments for small businesses on their road to recovery. Mr. Arensmeyer called on Congress to immediately pass these measures as part of the package.