Chairman Williams Op-Ed: The One Big Beautiful Bill Is A Green Light on Main Street

Summary

Op-Ed dated June 25, 2025 by Congressman Roger Williams (R-TX), Chairman of the House Committee on Small Business, which the release says appeared in Newsweek. Williams writes that the House-passed One Big Beautiful Bill raises the 199A small business tax deduction from 20 percent to 23 percent and makes it permanent. Williams cites a National Federation of Independent Business study finding that a permanent deduction would generate $750 billion in economic growth and create over 1 million new jobs. Williams also says he introduced the Made in America Manufacturing Finance Act and that failing to pass the bill will result in the largest tax increase in history.

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Chairman Williams Op-Ed: The One Big Beautiful Bill Is A Green Light on Main Street

June 25, 2025

WASHINGTON, D.C. – The following Op-Ed by Congressman Roger Williams (R-TX), Chairman of the House Committee on Small Business, appeared in Newsweek today.

“When I took over my family's car dealership more than 50 years ago, I, like every small business owner in this country, took a risk. I hired employees, stocked inventory I hoped would sell, and prayed every night I could make payroll, keep the lights on, and build something for my family.

“Running a business—especially a small one—is not for the faint of heart. It's long hours, tight margins, and piles of paperwork, but it's also deeply and truly American. It's about grit, responsibility, and the belief that if you work hard enough, you can create a better life. As chairman of the House Committee on Small Business, I bring that lived experience to Congress every day.

“After years of inflation, high costs, and heavy-handed regulation, Main Street is ready for a comeback. The House-passed One Big Beautiful Bill is the spark we need. It's a bold, pro-growth tax and deregulation package that puts small businesses and American workers back at the center of our economy.

“At its heart is the expansion of the 199A small business tax deduction—a provision of the 2017 Tax Cuts and Jobs Act that has helped 26 million small businesses stay afloat. This bill raises the deduction from 20 percent to 23 percent and makes it permanent. A study by the National Federation of Independent Business found that making this deduction permanent would generate $750 billion in economic growth and create over 1 million new jobs on Main Street.

“For decades, we've watched jobs leave, factories close, and communities suffer because of Democrats' anti-American policies. The One Big Beautiful Bill flips the script. It rewards domestic production, encourages investment in American-made products, and puts a bullseye on the kind of tax code that made it easier to build in Shanghai than here in Fort Worth.

“When I visit manufacturers in my district, I hear the same thing: "Give us a fair shot." This bill does that. If you build here, hire here, and produce here, you will be rewarded. I also introduced the Made in America Manufacturing Finance Act, legislation that, combined with the One Big Beautiful Bill, will revitalize domestic manufacturing and restore economic strength in communities across the country.

“And we didn't stop there.

“We are restoring 100 percent expensing, reinstating immediate expensing for research and development, expanding the standard deduction, simplifying the tax code, cutting red tape, and delivering on President Donald Trump's promises that over 77 million Americans voted for: no tax on tips and no tax on overtime to put more money into the pockets of hardworking Americans.

“I've been in the car business long enough to know—when business owners have certainty and cash flow, they don't sit on it—they reinvest. That's how Main Street grows: smart policies that reward initiative.

“Make no mistake—this is the most pro-small business package Congress has seen in a generation, delivering lower taxes, greater certainty, and more freedom for small businesses to thrive.

“It's a declaration that we believe in the American Dream and in the people who roll up their sleeves, take risks, and build something real. The One Big Beautiful Bill locks in a new era of economic freedom. Failing to pass this vital legislation will result in the largest tax increase in history. This is not an option for small businesses that rely on the tax provisions from the 2017 Tax Cuts and Jobs Act. As chairman of the House Committee on Small Business, I'm committed to getting it across the finish line.

“America runs on risk and reward. You take a chance. You work hard. You earn your keep. And when you succeed, your community succeeds. That's the promise of this country, and that's the promise this bill delivers.

“When Main Street wins, America wins.”

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