Small Business Majority details devastating impact of OBBB on small businesses in response to recent field hearing
Date:
Monday, August 4, 2025
On August 4, Small Business Majority Founder & CEO John Arensmeyer submitted a statement for the record in response to a recent U.S. House Committee on Ways & Means field hearing in Simi Valley, California regarding the passage of the ‘One Big, Beautiful Bill’ (OBBB). The statement outlines how the over $1 trillion in cuts to Medicaid and the Affordable Care Act enacted in OBBB will strip affordable healthcare coverage from millions of small business owners and employees.