- The Small Business Administration (SBA) has introduced a new initiative aimed at reducing federal regulations.
- This initiative specifically targets regulations implemented during the Biden administration.
- The primary focus is on regulations that have led to $6 trillion in compliance costs.
- The burden of these costs has reportedly affected American families and small businesses across the nation.
- The SBA’s effort aims to alleviate this financial strain on small firms and the general public.
- This new move is part of the SBA’s ongoing commitment to support small businesses and spur economic growth.
Source: https://www.foxnews.com/politics/small-business-administration-unveils-new-initiative-roll-back-federal-regulations)
