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Rep. Roger Williams Says Rate Cut, Tax Changes and Higher SBA Loan Limits Will Help 'Main Street'
Summary
Rep. Roger Williams argued that a Federal Reserve rate cut, permanent tax changes and recent increases to SBA loan limits will spur hiring and expansion for small businesses; House Minority Leader Hakeem Jeffries countered that Republicans have not delivered on lowering costs.
Congressman Roger Williams (R-Tex.) said Wednesday that small businesses, bruised by a recent government shutdown, are resilient and primed to expand if borrowing costs fall and tax rules favor reinvestment.
"Main Street businesses are very resilient, and, they're ready to go," Williams said in an interview, describing himself as a small-business owner. He said declining interest rates would be the "last component" needed to "turn this economy on," and predicted "we could have another rate cut in December." He added: "If…
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