- The Small Business Administration (SBA) has launched a new program aimed at reducing federal regulations.
- This initiative specifically targets regulations from the Biden administration era.
- The regulations in question have reportedly imposed $6 trillion in compliance costs.
- The program focuses on alleviating the financial burden faced by American families and small businesses.
- The expected outcome is to enhance economic efficiency and support small businesses across the nation.
Source: https://www.foxnews.com/politics/small-business-administration-unveils-new-initiative-roll-back-federal-regulations)