“The U.S. Court of International Trade’s decision to strike down recently imposed tariffs is welcome news for America’s small businesses. We’ve heard from dozens of small business owners who told us that widespread tariffs on goods imported from a wide range of countries have left them with few options beyond raising their prices or shutting down. Due to the thin margins on which many small firms operate, sweeping tariffs would force most small businesses to pass their costs on to customers.
Press Releases
Press Release Date:
Wednesday, May 28, 2025
Statement from Small Business Majority Founder & CEO John Arensmeyer on the importance of a panel of federal judges ruling that sweeping tariffs cannot be enforced
Topic(s):
Tariffs
Press Release Date:
Thursday, May 22, 2025
Statement from Small Business Majority Founder & CEO John Arensmeyer about the impact that failing to reform Section 199A, slashing Medicaid funds and changing ACA enrollment requirements would have on entrepreneurship
“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.
Topic(s):
Entrepreneurship, Healthcare, Tax and Budget Reform
Press Release Date:
Thursday, May 22, 2025
Statement from Bianca Blomquist, California Director for Small Business Majority, on the important small business investments left out of Gov. Newsom’s latest proposed budget
“It’s disappointing that the governor’s May Revise fails to mention small businesses even once. While the California Constitution requires that the state's projected revenues meet or exceed its projected expenditures, the budget cycle comes at a moment when California’s smallest business owners cannot safely rely on the continuation of federal programs and resources to help them start, grow and invest in their business.
Topic(s):
Access to Capital, Paid Family & Medical Leave Insurance, Tax and Budget Reform, Workforce Issues
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
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.
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