{"id":2456063,"date":"2025-07-06T11:55:01","date_gmt":"2025-07-06T15:55:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/big-beautiful-bill-is-life-blood-for-small-businesses-kelly-loeffler-washington-examiner\/"},"modified":"2025-07-06T11:56:08","modified_gmt":"2025-07-06T15:56:08","slug":"big-beautiful-bill-is-life-blood-for-small-businesses-kelly-loeffler-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/big-beautiful-bill-is-life-blood-for-small-businesses-kelly-loeffler-washington-examiner\/","title":{"rendered":"\u2018Big, beautiful bill\u2019 is \u2018life blood for small businesses\u2019: Kelly Loeffler &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbig-beautiful-bill-is-life-blood-for-small-businesses-kelly-loeffler-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2456063&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Kelly Loeffler, the Small Business Administrator, recently commented on the &#8220;One Big Beautiful Bill Act,&#8221; which was signed into law by President Trump. She emphasized that the legislation would provide much-needed economic stimulation for small businesses by <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/georgia-lawmakers-dangle-tax-breaks-in-exchange-for-gun-safety\/\" title=\"Georgia ...makers offer tax incentives for gun safety measures\">offering tax breaks<\/a> and eliminating taxes on tips. Loeffler believes this bill is essential for providing businesses with certainty regarding low taxes and predicting that it could create around a million jobs across American main streets.Additionally, the law permits companies to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-the-senate-gop-tax-plan-differs-from-the-house-bill\/\" title=\"How the Senate GOP tax plan differs from the House ...\">immediately deduct domestic research<\/a> and advancement costs and allows for full expensing of new capital investments. Workers who receive tips will see its effects when filing taxes in April 2026.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">&lsquo;Big, beautiful bill&rsquo; is &lsquo;life blood for small businesses&rsquo;: Kelly Loeffler<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2165463\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Small Business Administrator <a href=\"https:\/\/www.washingtonexaminer.com\/news\/3430789\/watch-live-sba-administrator-kelly-loeffler-testifies-house-committee\/\" target=\"_blank\" rel=\"noopener\" title=\"Kelly Loeffler\">Kelly Loeffler<\/a> predicted the effects of the <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3463196\/watch-trump-signs-big-beautiful-bill-law\/\" target=\"_blank\" rel=\"noopener\" title=\"\">One Big Beautiful Bill Act<\/a> will be a renewed &ldquo;economic energy&rdquo; among small businesses.<\/p>\n<p>Loeffler appeared on Fox News&rsquo;s <em>My View with Lara Trump<\/em> one day after President <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3463302\/trump-bill-signing-greatest-victory-yet-one-big-beautiful-bill-act\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a> signed his &ldquo;<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sununu-outlines-ways-trump-can-win-early-momentum-is-real-washington-examiner\/\" title=\"Sununu outlines ways Trump can win early: \u2018Momentum is real\u2019 - Washington Examiner\">big beautiful bill&#038;rdquo<\/a>; into law. This law offered<a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3462467\/winners-losers-big-beautiful-bill\/\" target=\"_blank\" rel=\"noopener\" title=\"\"> tax breaks<\/a> to American companies and eliminated <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3462681\/when-will-people-see-tax-relief-big-beautiful-bill\/\" target=\"_blank\" rel=\"noopener\" title=\"\">taxes on tips<\/a>.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/premium\/3459911\/can-trump-make-farming-great-again\/\">Can Trump make farming great again?<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/opinion\/3459517\/jerome-powell-cannot-give-trump-what-he-wants\/\">Fed Chairman Jerome Powell can&rsquo;t give Trump what he wants<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3462481\/teamsters-ups-buyout-offer-drivers-layoffs\/\">Teamsters bash UPS over buyout offers for drivers<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;This is the lifeblood for businesses to have that certainty of low taxes,&rdquo; Loeffler said of the law Saturday.<\/p>\n<p>&ldquo;It will also create about a <a href=\"https:\/\/amzn.to\/3YuVZYV\" >million main street jobs<\/a>. Main streets like this,&rdquo; she added, gesturing to Wilmington, North Carolina, &ldquo;that will benefit from economic energy that will come behind it. It&rsquo;s literally rocket fuel for the economy.&rdquo;<\/p>\n<div style=\"width: 100%; max-width: 640px; max-height: 360px; min-width: 320px; min-height: 180px; overflow: hidden;\">\n<div style=\"position: relative; width: 100%; padding-top: 56.25%;\"><iframe src=\"https:\/\/share.grabien.com\/share?id=3016948&amp;userid=11311&amp;loginid=10455&amp;playercolor=%23000000&amp;playersize=auto&amp;code=b9772cd463001786044c943355fd7610\" style=\"position: absolute; top: 0px; left: 0px; width: 100%; height: 100%; border: 0px;\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/3458112\/kevin-hassett-refutes-allegations-big-beautiful-bill-is-fiscally-irresponsible\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>KEVIN HASSETT REFUTES ALLEGATIONS &lsquo;BIG, BEAUTIFUL BILL&rsquo; IS &lsquo;FISCALLY IRRESPONSIBLE&rsquo;<\/strong><\/a><\/p>\n<p>Tipped workers can expect to see the effects of the new law by the time they file their taxes in April 2026. The law sets a $25,000 limit for deductions on tipped income, but phases out for single filers and joint filers who earn more than $150,000 and $300,000 annually, respectively.<\/p>\n<p>As a result of the law, companies can immediately deduct domestic research and development costs. It also permanently allows full expensing for new capital investment, such as factory machinery, and restores interest deductibility to help finance investments.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2165463\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2165463\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kelly Loeffler calls the &#8216;big, beautiful bill&#8217; essential for small businesses, predicting it will boost economic energy<\/p>\n","protected":false},"author":2631,"featured_media":2456064,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/Kelly-Loeffler-June-2025.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[58503,58505,58504],"class_list":["post-2456063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-big-beautiful-bill-2","tag-kelly-loeffler-2","tag-small-businesses-2"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/Kelly-Loeffler-June-2025.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2456063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2631"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2456063"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2456063\/revisions"}],"predecessor-version":[{"id":2456067,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2456063\/revisions\/2456067"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2456064"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2456063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2456063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2456063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}