Senate Healthcare Bill Would Drive Up Costs, Stifle Growth for Small Businesses 
Statement from CEO John Arensmeyer about on why the U.S. Senate's proposed replacement for the ACA would harm small businesses. 

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Recent Developments

On June 20, CEO John Arensmeyer participated in a panel discussion on solutions to capital access and online lending at Wacif's Small Business Capital Forum. 

On June 15, the House Small Business Committee approved five bipartisan pieces of legislation to amend the Small Business Act and the Small Business Investment Act. These bills will help support and improve the Small Business Administration.  

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On June 8, Small Business Majority sent a letter to the U.S. House of Representatives urging lawmakers to oppose the Financial CHOICE Act of 2017, which would undo many provisions of the 2010 Dodd-Frank Act that have addressed practices that led to the 2008 financial collapse and have protected small business borrowers from predatory practices.

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On May 31, CEO John Arensmeyer co-hosted a panel with Oregon Treasurer Tobias Read at the 2017 NewDEAL Ideas Summit. They discussed ideas to help strengthen and modernize America’s safety net for or small businesses, employees and families, such as encouraging retirement savings and offering portable benefits.

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On May 30, Mid-Atlantic Director Erik Rettig spoke at a press conference in Kensington, MD to advocate for paid sick days legislation in Maryland. The press conference was in response to Gov. Larry Hogan's recent decision to veto paid sick leave legislation, which would have helped small businesses by lowering turnover, boosting productivity and enhancing employee morale. 

On May 18, California Director Mark Herbert spoke at a press conference in Sacramento alongside California Treasurer John Chiang and California Senate President Pro Tempore Kevin de León about the future of California's Secure Choice Retirement Savings Program.

On April 18, Colorado Outreach Manager Tim Gaudette was appointed by the Colorado Insurance Commissioner to the Consumer Insurance Council, where he will provide insight on behalf of the small business community on health insurance issues in the state.

On March 30, Small Business Majority released a scientific opinion poll that found the majority of small businesses support paid family and medical leave insurance programs. Seven in 10 respondents support the FAMILY Act, which would establish a national paid family and medical leave insurance program funded by modest contributions from both employees and employer contributions, and would allow employees to receive up to 12 weeks of partial income when they need to take time off to care for a new child or a sick family member.

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On March 23, Small Business Majority released a new scientific opinion poll that found small businesses favor the Affordable Care Act (ACA) over the Republican replacement plan, the American Health Care Act (AHCA) by a 2:1 ratio. Results show small businesses oppose key components of the AHCA, and the only specifics of the plan that they do support are provisions already available under the ACA. 

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On March 22, Small Business Majority released a new scientific opinion poll that found freelancers and self-employed entrepreneurs are doing reasonably well financially in the post-recession economy, but many are not able to save for retirement. As a result, they support portable retirement vehicles that address the flexible nature of their work. 

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