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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