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Dec. 17, 2025-
With Democrats’ opposition, the GOP majority is supposedly focusing on several key areas to support small and medium enterprises (SMEs). They’re primarily centered on regulatory relief, tax incentives, and improved access to capital.
Key actions and proposals include:
Regulatory Relief
Reducing Regulatory Burden: Legislation like the Small Business Regulatory Reduction Act of 2025 aims to prevent new regulations from raising compliance costs for small businesses and requires the SBA to report on the cost of regulations imposed by other agencies.
Streamlining the SBA: Efforts are underway to modernize federal resources, streamline regulations, and ensure the Small Business Administration (SBA) is more efficient in its support, with calls to appoint a Chief Counsel for the SBA’s Office of Advocacy to champion these efforts.
Challenging NLRB Rules: Republicans have fought against rules they argue make small businesses liable for another business’s employees (the joint employer standard), which they view as unnecessary “bureaucratic red tape”.
Liability Protections: In specific contexts, such as the period following the COVID-19 pandemic, proposals included passing liability protections for employers that follow public health guidelines to shield them from “ruinous lawsuits”.
- Extending Tax Cuts: A major priority is to extend key provisions of the 2017 Tax Cuts and Jobs Act that are beneficial to small businesses, which include:
- Section 199A Deduction: Allowing pass-through businesses to deduct up to 20% of their qualified business income.
- R&D Expensing: Reinforcing R&D tax credits to incentivize innovation.
- Bonus Depreciation: Encouraging reinvestment in equipment and facilities by allowing immediate expensing of capital purchases.
- Expanding Loan Limits: Bipartisan legislation like the Made in America Manufacturing Finance Act has passed the House, which would double the individual loan limit for small manufacturers under the popular SBA 7(a) and 504 loan programs from $5 million to $10 million.
- Targeted Investment: Other bills aim to increase available capital in rural or low-income areas and the manufacturing and technology sectors.
- Combating Fraud: A focus on ensuring integrity in federal contracting programs (like the 8(a) program) to ensure they operate on merit and hold “bad actors” accountable.
These actions reflect the GOP’s general philosophy that reducing government intervention and providing a stable, competitive business climate are the primary ways to unleash potential and foster economic growth for SMEs.
But time is running out if Republicans hope to avert misfortune in the 2026 mid-term elections. What is needed is a unified economic-growth mindset and strategy.
From the Coach’s Corner, relevant editor’s picks:
7 Capitalism Principles for Economic Growth, Prosperity — Employers are discouraged from hiring largely because of uncertainty created by public policies. That includes uncertainty – created by ObamaCare – in costs and taxes.
Solution to Cure Worker Skills Gaps, Underemployment — An innovative solution has been unveiled to solve a big economic conundrum. The solution is designed to create 25 million new jobs and help grow the economy by 4 percent.
Why President Trump’s Growth Budget, Reforms Matter — Deficit-spending and the resulting massive debt severely damages America’s economic prospects and hurts each American. But a disciplined approach will make America great again — by shrinking the national debt and implementing other needed reforms.
Analysis: Trump’s Vision to Fix Trade Deficit, Create Jobs — Donald Trump acts positively: Americans are tired of the reign of politically correct terror, the movement for income redistribution, and the massive loss of good-paying jobs.
“Those who are too smart to engage in politics are punished by being governed by those who are dumber.”
–Plato
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