President Biden's regulatory agenda is estimated to cost the U.S. economy over $3 trillion annually, impacting small businesses. Critics blame inflation and excessive regulations for hindering economic growth and the American dream. Despite this, there has been a surge in small business applications since Biden took office, reflecting confidence in the economy.
Since Biden took office, $1.3 trillion in regulations have been forced onto Main Street. As Chairman of @HouseSmallBiz, I serve as a voice for hardworking Americans and fight each day to cut regulations, lower taxes, and restore affordability for our nation’s job creators.
America is seeing a small business boom. A record 17.2 million small business applications have been filed since we took office. When we invest in small businesses, we invest in America.
Small businesses are America's backbone, but they're under siege. The Biden Admin's regulatory assault costs a staggering $1.3 trillion since Biden took office. On National Small Business Week, let's make it clear: the government should get out of the way! https://t.co/J4e9LfIs4T