Small Business Majority sends letter to House leadership in opposition to Republican budget resolution that would devastate small businesses

Date: 
Monday, February 24, 2025

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. Small Business Majority urges lawmakers to reject this proposal and instead prioritize funding the programs that support small business growth and fostering a tax system that works for Main Street, not against.