Rep. Mark Alford on HR 2965: Ending Overregulation to Boost Small Business Growth

Support for HR 2965: Small Business Regulatory Reduction Act

• 🎯 Rep. Mark Alford expresses strong support for HR 2965, the Small Business Regulatory Reduction Act of 2025.
• 💡 The bill aims to address the impact of federal regulations on small businesses, which are described as the backbone of the American economy.

Impact of Regulations Under Previous Administration

• 📈 Alford highlights that during the previous administration, small businesses faced an unprecedented $1.8 trillion in new regulatory costs.
• ⚠️ This surge in regulatory costs, coupled with over 20% inflation, directly contributed to making goods less affordable for consumers.
• 🗣️ He criticizes the current situation as a "bureaucratic chokehold" that prevents Main Street businesses from thriving.

Transparency and Regulatory Reduction

• 🔍 HR 2965 mandates the Small Business Administration to report on regulatory costs imposed by federal agencies on small businesses.
• ✅ This increased transparency is intended to show the public where "Democrat blue tape" is hindering economic growth.
• 🚀 The legislation aligns with President Trump's regulatory rightsizing agenda, providing much-needed relief for job creators.

Call to Action for Affordability

• 💰 Alford urges support for HR 2965 as a crucial step towards making goods more affordable in America and cutting down on overregulation.
• 🤝 He calls for solidarity with America's small businesses and entrepreneurs in supporting this bill.