Social Security & Small Business Impact
"A threat to our small business economy" — SC Small Business Chamber of Commerce
Economic Impact at a Glance
67 Million Americans
Receive monthly Social Security checks that support their living expenses
$116 Million
Injected into local economies monthly from Social Security benefits
Critical for Small Businesses
Many operating with small or no profits rely on this economic injection
Perceived Threat
Concerns that delaying Social Security checks is being considered
Where Social Security Money Goes
Social Security funds flow directly into local economies, supporting small businesses
Business Chamber Warning:
"The economic harm to these small businesses, many operating with small or no profits, would be great. The Trump Administration's actions to reduce the cost of Social Security and Secretary Lutnick's comments raise the concern that delaying Social Security checks is being considered."