Small Business News

| Entrepreneur

According to a March report from Small Business Majority, 64% of business owners reported their expenses had risen over the prior three months.

| Congresswoman Maria Elvira Salazar

The growing list of endorsing organizations includes Small Business Majority.

| Majority Leader Cecilia Aguiar-Curry

"At a time when the divide between Main Street businesses and large corporations has never been greater, small businesses want to see California antitrust law updated to reflect the needs of a modern economy and the needs of today's entrepreneurs. The COMPETE Act would help bolster an environment of fair competition because it gives small business owners, the workers they hire, and their local communities a fighting chance.

| The Detroit News

According to research from the Small Business Majority, 47% of businesses impacted by tariffs have increased the price of certain materials or products, 24% have delayed importing goods or materials, 26% have delayed business expansion plans, 19% have delayed hiring new employees, 15% have changed their business model and/or product offerings and 7% have laid off workers and/or reduced their hours.

| NYC's Mercantile Mayhem

Vigoda has been working on two issues impacting small businesses, commercial lease reform and affordable healthcare, more specifically, the Fair Pricing Act..Last week at the Affordable NYC Now event at The Century Foundation with Protect Borrowers, Vigoda put forward Redirecting Support and Reforming Commercial Leasing to Strengthen New York City Small Businesses. Her policy report notes that large corporations receive city subsidies, tax breaks and incentives.

| Wealth Update

Small Business Majority is a small business organization that engages with more than 85,000 small businesses to advocate for public policy solutions. And it conducts a quarterly survey called “Voice of Main Street.” In the most recent edition of this survey, a whopping 81% of respondents said they are concerned about the impact of tariffs on their business.

| Capitol Weekly

The proposal is supported by a number of labor organizations, including the California Federation of Labor Unions, SEIU California, the California Nurses Association, Consumer Attorneys of California, Consumer Federation of California, Small Business Majority, and the California District Attorneys Association.

| RetirePath Virginia

“Expanding eligibility for RetirePath Virginia will provide a significant benefit for small businesses throughout the Commonwealth,” said Awesta Sarkash, Vice President of State Policy & Advocacy at Small Business Majority. ‘With most small businesses struggling to offer the type of robust employee benefits found at larger corporations, allowing employees at some of the smallest businesses to access retirement savings accounts will go a long way toward helping many more small firms attract and retain top talent.”

| The Maryland Daily Record

While the refund program is a welcome development, small companies like Princess Awesome remain concerned about the future. The Silver Spring company imports colorful children’s clothing from a factory in Bangladesh. A potential refund for the tariffs it paid doesn’t necessarily mean the company is out of the woods. While Princess Awesome is on track to get its money back, the timeline is murky and the owners worry the business could be financially drained months before it sees even a partial refund.

| The Denver Post

Child care is an absolute necessity for working parents and a key player in Colorado’s small business landscape. I urge Colorado policymakers to extend the tax credits that make child care accessible and affordable for small business owners like myself.

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