- The Small Business Administration (SBA) has launched a new program focused on simplifying federal regulations for small businesses.
- This initiative specifically targets regulations introduced during the Biden administration.
- The regulations in question are reported to have imposed $6 trillion in compliance costs on American families and small businesses across the country.
- The goal of the SBA’s program is to reduce the regulatory burden, making it easier and more affordable for small businesses to comply with federal requirements.
- By streamlining these regulations, the SBA aims to foster a more business-friendly environment and support economic growth for small enterprises.
Source: https://www.foxnews.com/politics/small-business-administration-unveils-new-initiative-roll-back-federal-regulations)
