SBA Administrator Thinks It's Fantastic People Will Work More Overtime Now
Trump's SBA Administrator was a guest on this weekend's Sunday Morning Futures with Maria Bartiromo, and was asked by guest host Cheryl Casone about the passage of their "one big beautiful" turd of a bill and what the impacts will be in the coming year, and Loefller apparently believes this is somehow a winning message for Republicans.
Let's solve the labor shortage problem with people working a bunch of overtime.
CASONE: Also, too, you know, the big, beautiful bill, those impacts are going to be felt immediately for small businesses, not just in 2026, but these are retroactive to 2025. Talk about that, because that messaging seems to be a bit of an issue for the Republicans right now, messaging how the bill and the act is going to affect these companies.
LOEFLLER: Well, certainly one of the great parts of the one big, beautiful bill is it solves a big problem for small businesses, which is skilled workforce. Now think about you're a small business and you're trying to grow, but you can't find enough workers. So when you have no tax on tips, no tax on overtime, that and that's retroactive back to January 1, you've got people willing to take on more shifts.
I've walked factory floors, as you mentioned, talked to workers and said they had been discouraged under the Democrats tax and spend plan from working more because that would just get taxed away.