- The Small Business Administration (SBA) has launched a new program aimed at cutting federal regulations.
- This initiative specifically targets regulations introduced during the Biden administration.
- The program seeks to alleviate the compliance costs that have reached $6 trillion, affecting American families and small businesses nationwide.
- The goal of the SBA’s program is to foster growth and provide support to small businesses by reducing these regulatory burdens.
- By addressing these costly regulations, the SBA intends to enhance the economic environment for small business operations.
Source: https://www.foxnews.com/politics/small-business-administration-unveils-new-initiative-roll-back-federal-regulations)