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As fuel and transportation costs climb, small businesses are facing mounting financial pressure. This edition of Voice of Main Street finds that 67% of small businesses report rising expenses and half report declining revenue over the past three months. Nearly three-quarters (74%) have been impacted by higher fuel and transportation costs, while rising prices for utilities, raw materials, healthcare and rent continue to strain operations. The survey also explores how these challenges are affecting hiring, investment decisions, profitability and optimism, and highlights the critical role access to capital plays in shaping small business confidence and growth.
On June 10, Small Business Majority submitted a statement for the record to the U.S. House Committee on Energy & Commerce Subcommittee on Health in response to the hearing titled “Lowering Health Care Costs for All Americans: Examining Policies to Increase Health Care Transparency.” The statement urges lawmakers to advance bipartisan proposals, including the Patients Deserve Price Tags Act, that enhance healthcare price transparency requirements and drive down costs for small businesses and their employees.
On May 19, Small Business Majority sent a letter to the U.S. House Committee on Small Business in opposition of H.R. 5498, the Small Business Health Options Awareness Act of 2025, which directs the Small Business Administration (SBA) to promote the availability of Individual Coverage Health Reimbursement Arrangements (ICHRAs) to small businesses.
When large corporations manipulate markets to gain more control, small businesses often pay the price through higher costs, fewer choices and barriers to growth. Understanding how these practices work is the first step toward advocating for a system that gives small businesses a fair chance to succeed. Read our blog to learn about laws, policy developments and what can small business owners do to curb unfair competition.
On May 7, Small Business Majority joined a coalition of eight national organizations representing small businesses and fair markets to file an amicus brief in the case Linney's Pizza v. Federal Reserve at the United States Court of Appeals for the Sixth Circuit. The brief argues that the Federal Reserve’s 21-cent cap on debit interchange fees, set forth by Regulation II, is unlawful and is a misinterpretation of the limits outlined in the Durbin Amendment.
On May 4, Small Business Majority sent a letter to congressional leadership outlining how rising costs and economic headwinds, including fluctuating tariff rates and the war abroad, are stifling small businesses across the nation. Sent at the start of National Small Business Week, the letter urges lawmakers to address the challenges facing small firms today by prioritizing policies that lower costs and level the playing field.
On April 28, Small Business Majority led a coalition of nearly 100 local, state and national organizations in a letter to Small Business Committee Ranking Members Sen. Ed Markey (D-MA) and Rep. Nydia Velázquez (D-NY) to endorse the Investing in the American Dream Act. The legislation seeks to overturn SBA guidance issued in February that restricts loan access for businesses without 100% U.S. citizenship ownership. Instead, it would codify previous standards allowing businesses to qualify for 7(a), 504, Microloan, and Surety Bond programs if they are based in the U.S.
This national opinion poll of likely voters, conducted for Small Business Majority by Lake Research Partners, reveals overwhelming bipartisan support for small businesses and pro-small business policies. Voters believe by dramatic margins that the success of small business is better for their families and the economy than the success of large corporations, and it’s personally important to them that local small businesses in their communities thrive.
On April 17, Small Business Majority submitted a statement for the record for a U.S. House Committee on Small Business hearing titled “Lower Taxes, Stronger Main Street: The Benefits of the Working Families Tax Cuts.” Our statement details how the tax provisions, like the Section 199A pass-through deduction, made permanent under H.R. 1, or the “One Big Beautiful Bill Act,” have fallen short of supporting small businesses in the face of rising healthcare costs and unprecedented global tariffs.
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