Trump’s Tax Cuts, CBO Games, and Small Business Survival with Preston Brashers

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

Chapters
00:00 Introduction to Tax Policy and Small Business
01:09 The Impact of Trump's Big Beautiful Bill
06:24 CBO Scoring and Budget Gimmicks
12:50 Reconciliation Process and Its Implications
18:03 Spending Cuts and Economic Stability
23:23 Interest Rates and Economic Growth

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