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The Engine of America is Small Business, But Regulations are Continuing to Burden Growth

Former small business administrator and Latino Coalition Chairman Hector Barreto appeared on Fox Business to speak about how the Obama administration’s regulations continue to hurt small business

By Nick Powills1851 Franchise Publisher
SPONSOREDUpdated 11:11AM • 05/13/16
Hector Barreto, Latino Coalition chairman and former small business administrator, sat down with Fox Business to discuss the overhaul to overtime regulations that are coming and how they will impact small businesses across America. According to Barreto, some of his members are even worried that these new overtime regulations will wipe out profits completely.

He went on to say that this was just another example of the Obama administration burdening the 28 million small businesses in America with more regulations and that he is worried that the trend will continue throughout the end of the administration.

Furthermore, Barreto is concerned that more taxes, more regulations and more health care costs will continue to erode the bottom line of small business.

To watch the video of Barreto on Fox Business, click here.

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