Rep. Van Duyne Criticizes Biden-Era Regulations Impacting Small Businesses

The Burden of Regulations on Small Businesses

• 📌 Small business owners often act as their own accountants, legal counsel, and managers, in addition to handling daily operations.
• ⚠️ They bear the costly burden of complying with local, state, and federal regulations, working extra hours or hiring additional staff to keep up.
• 💡 The claim that cutting regulations won't save small businesses money is described as an absolute lie.

Biden-Harris Administration's Regulatory Costs

• 📈 The Biden-Harris administration is stated to have created $1.8 trillion in additional regulatory costs for businesses nationwide within four years.
• 😥 Small business owners have felt the brunt of this pain due to these increased costs.

The Small Business Regulatory Reduction Act of 2025 (HR 2965)

• 🚀 This bill supports a deregulatory agenda by providing relief to small businesses to foster growth and success across all industries.
• 🎯 The primary aim of HR 2965 is to ensure that any new rulemaking by the Small Business Administration (SBA) has no cost to small businesses.
• 🛠️ It requires the SBA Office of Advocacy to report to Congress on the total cost of federal regulations impacting small businesses.
• ✅ The bill does not prevent agencies from issuing new regulations but mandates the elimination of those that are duplicative, outdated, or do not reflect the intent of the law.

Importance of Small Businesses

• 🌟 Small businesses constitute 99.9% of businesses in America and are a key source of economic prosperity.
• 💬 HR 2965 aims to empower small businesses by reducing red tape and argues that this action demonstrably saves money.
• 🗣️ The speaker urges colleagues to support the Small Business Regulatory Reduction Act of 2025 for America's success, starting on Main Street.