And as Chairman Smith just mentioned, we have been working on this bill for three years. And as a result, If you were a small business owner who had seen $1.8 trillion of regulatory war against you during the Biden administration, we tried to relieve that in our one big, beautiful bill. If you were a senior and you'd seen some of the highest inflation and where you could not even afford to be able to pay for food on the table, … (29:06–29:19)
CLAIM
Asserts that there was a $1.8 trillion regulatory burden on small businesses during the Biden administration.
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