Business is (Baby) Booming

While corporate CEOs are pressuring Congress to cut Social Security and Medicare as part of a so-called “Grand Bargain” to reduce the debt, small business owners say that cuts to Social Security and Medicare would be devastating to small businesses across the country.

A new series of reports from the Main Street Alliance and Social Security Works, Business is (Baby) Booming, analyze the important role Social Security and Medicare play in both strengthening the retirement security of small business owners themselves, and fueling consumer demand on Main Street in all 50 states and the District of Columbia.

Instead of cutting Social Security and Medicare, small business owners say Congress should crack down on offshore tax abuse that allows the wealthy and corporations to avoid more than $100 billion in U.S. taxes per year by sheltering their income offshore.

State “Business is (Baby) Booming” Reports

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