Trump’s Tax Cuts, CBO Games, and Small Business Survival with Preston Brashers
Main Street Matters with Elaine Parker and Alfredo Ortiz explores the intersection of small business and government policy. With more than 90 million Americans either owning or depending on small business for their household income, policies like taxes, regulations, and access to credit have a huge effect on the American Dream. Elaine and Alfredo talk with small business owners, government officials and office holders, and experts about everything from education to the labor market on this interesting and entertaining podcast.
Wednesday, July 30, 2025
In this episode of Main Street Matters, Elaine Parker and Preston Brashers of The Heritage Foundation break down how President Trump’s “Big Beautiful Bill” could reshape tax policy and benefit small businesses. They highlight the bill’s potential to lock in lower tax rates for middle-income Americans, examine the flawed CBO scoring process, and explain how the reconciliation process affects fiscal policy. The discussion also covers the urgent need for federal spending cuts and how rising interest rates are impacting small business owners across the country.
Learn more about Preston HERE | https://www.heritage.org/staff/preston-brashers
#taxpolicy #smallbusiness #BigBeautifulBill #CBOscoring #budget #gimmicks #reconciliationprocess #spendingcuts #economicstability #interestrates #economicgrowth
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