Small businesses across America are facing an invisible killer: the suffocating regulatory burden imposed by the Biden administration. A new report released today reveals that these regulations have already cost small businesses billions of dollars.

Let me break this down for you: when a mom-and-pop grocery store has to spend thousands on compliance paperwork instead of hiring more staff, that's not job creation. It’s a job destroyer.

The report details the staggering financial impact these regulations have had on local businesses over the past year. Small business owners are already struggling with higher rents and supply chain disruptions; now they're dealing with an added layer of bureaucratic red tape.

Nobody is going to tell you this on CNN because it doesn't fit their narrative that everything's peachy under Biden. But if you own a small business, or know someone who does, these numbers are critical.

The buried number in this report? The real figure shows small businesses could be losing hundreds of millions just to comply with new regulations this year. This is money that should be spent on hiring more workers and expanding services.

And guess what? These figures don’t even account for the long-term impact, such as reduced profits due to compliance costs over the next decade. It's a hidden tax that's quietly eroding economic recovery efforts.

This isn't just about dollars and cents; it's about jobs. Every regulation put into place is another barrier between entrepreneurs and their dreams of growing their business. And who benefits from this? The big corporations with deep pockets to navigate the regulatory maze, leaving mom-and-pop shops behind.

I have been watching this for years – under previous Democrat administrations, small businesses faced similar challenges. But it’s only when you see the actual figures laid out like this that you understand just how much these policies hurt everyday Americans trying to make a living.

So what can we do? Protect yourself, protect your family. Be aware of new regulations and their impact on your business or livelihood.