A U.S. House Committee on Energy and Commerce proposal that would cut hundreds of billions of dollars from Medicaid threatens health insurance coverage for small business owners and their employees. We’re also concerned about a committee proposal that would implement stricter eligibility and income verification processes for ACA Marketplace enrollment. If these proposals become law, along with the expiration of premium tax credits that help make coverage purchased through the ACA Marketplace more affordable, the Congressional Budget Office estimates that nearly 14 million people would lose their health insurance.
Press Releases
Press Release Date:
Monday, May 12, 2025
Statement from Small Business Majority Founder & CEO John Arensmeyer about the impact that slashing Medicaid funds, changing ACA enrollment requirements would have on entrepreneurship
Topic(s):
Entrepreneurship, Healthcare
Press Release Date:
Thursday, May 8, 2025
New poll finds small business owners favor proposed overhaul of Section 199A that would establish a standard deduction on the first $25,000 in qualified business income
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.
Topic(s):
Tax and Budget Reform
Press Release Date:
Monday, May 5, 2025
Statement from Small Business Majority Founder & CEO John Arensmeyer about the consequences of the Consumer Financial Protection Bureau asking a federal judge to vacate a rule that bars medical debt from credit reports
It’s both disappointing and disturbing that the Consumer Financial Protection Bureau (CFPB) is now undermining a rule finalized earlier this year that prohibits medical debt from appearing on an individual’s credit report. Ending this rule would harm entrepreneurs by making it even more difficult for them to borrow money for their businesses.
Topic(s):
Access to Capital, Healthcare
Press Release Date:
Friday, May 2, 2025
Statement from Small Business Majority Founder & CEO John Arensmeyer on what will happen if Congress approves the president’s FY 2026 discretionary budget proposal
President Trump’s FY 2026 discretionary budget request proposes drastic cuts to critical small business support programs at half a dozen federal agencies.
Topic(s):
Access to Capital, Energy, Entrepreneurship, Healthcare, Immigration, Infrastructure, Job Creation, Minority entrepreneurship, Tax and Budget Reform, Technical Assistance
Press Release Date:
Wednesday, April 30, 2025
Voice of Main Street, a quarterly survey of Small Business Majority’s network, finds small businesses optimism fell in response to DOGE gutting government resources, including cuts to Small Business Administration programs
Washington, D.C.— Small business owners are strongly opposed to DOGE efforts to slash federal government resources, and are particularly alarmed by Trump administration reductions to U.S. Small Business Administration programs, according to a recent survey.
Topic(s):
Access to Capital, Entrepreneurship, Government Accountability
Press Release Date:
Monday, April 28, 2025
Statement from Small Business Majority Founder & CEO John Arensmeyer urging Congress to place greater limitations on a president's power to impose tariffs
We strongly urge the U.S. Senate to pass bipartisan legislation that would repeal sweeping tariffs on virtually all imports. We fear that without immediate congressional intervention, the president’s tariffs would devastate small businesses. In fact, we’ve already heard from small business owners who said that the tariffs on Chinese imports in particular are so high that they will likely have to close their businesses if those tariffs are not lifted soon.
Topic(s):
Tariffs
Press Release Date:
Thursday, April 24, 2025
Statement from Hunter Nelson, Colorado Director for Small Business Majority, on the good and bad for small businesses in Colorado’s fiscal 2025-2026 budget
“The Joint Budget Committee (JBC) was tasked this year with closing a $1.2 billion budget shortfall that is largely the product of revenue and expenditure limits mandated by the Taxpayer’s Bill of Rights. As a result, the process of drafting the Long Appropriations Bill (SB25-206: 2025-26) required lawmakers to make many difficult decisions.
Topic(s):
Entrepreneurship, General Small Business, Minority entrepreneurship
Press Release Date:
Wednesday, April 23, 2025
Statement from Small Business Majority Founder & CEO John Arensmeyer about the impact that dismantling the Minority Business Development Agency could have on entrepreneurship
It has become clear that the Minority Business Development Agency (MBDA), the only federal agency dedicated to supporting minority entrepreneurship, effectively no longer exists. We mourn this loss. Where the agency once had upward of 100 employees, MBDA now has no more than one politically appointed staffer remaining. As for the state-level business development centers supported by MBDA funds, their federally funded work has stopped and their federal contracts have been or will soon be terminated. The sudden and ruthless halting of MBDA operations happened because the Trump administration is using DEI as an excuse to eliminate any and all government programs that help level the playing field.
Topic(s):
Access to Capital, Entrepreneurship, Minority entrepreneurship, Technical Assistance
Press Release Date:
Monday, April 7, 2025
Statement from Hunter Nelson, Colorado Director for Small Business Majority, with advice for the Colorado House of Representatives on how to help small businesses ahead of this week’s expected budget vote
Statement from Hunter Nelson, Colorado Director for Small Business Majority, with advice for the Colorado House of Representatives on how to help small businesses ahead of this week’s expected budget vote
“We know that Colorado lawmakers have difficult choices to make this year when it comes to the budget given the state’s $1.2 billion shortfall. One decision, however, should be easy: do all they can to support small businesses.
Topic(s):
Entrepreneurship, Healthcare
Press Release Date:
Wednesday, April 2, 2025
Statement from Small Business Majority Founder & CEO John Arensmeyer explaining why new tariffs are deeply concerning for America’s entrepreneurs
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.
Topic(s):
Entrepreneurship, Exports
