Presidential Message on National Entrepreneurship Month
The entrepreneurial spirit of America has been forged by the determination of generations who envisioned a Nation where every hardworking citizen can live their glorious American Dream. For over 250 years, entrepreneurs have created the strong foundation that our country has built upon to become the economic powerhouse that we are today. This National Entrepreneurship Month, we recognize the patriotic innovators whose drive and vision have created the strongest business economy the world has ever seen.
Entrepreneurs are the heart of our Nation and represent a way of life that has kept America competitive, growing, and at the forefront of every serious conversation about our economy. In my first term, we built the strongest economy in the history of the world, and now we are doing it again. Through The Working Families Tax Cuts Act, my Administration made the Small Business Tax Deduction permanent, secured No Taxes on Tips and Overtime, and delivered historic tax cuts to hardworking families across our country.
I have also launched the most aggressive deregulatory agenda in American history. In my first weeks back in office, I signed the Unleashing Prosperity Through Deregulation Executive Order, directing federal agencies to repeal ten old regulations for every new one issued. My Administration has far surpassed that goal, cutting over 1,500 regulations and saving Americans over $1.5 trillion. These actions free small businesses from the costly red tape that for too long has stifled American entrepreneurs. This was followed by the Reducing Anti-Competitive Regulatory Barriers Executive Order, which roots out the obstacles that smother competition, innovation, and the formation of new businesses. Under my leadership, American entrepreneurs will have the freedom to compete, grow, and lead the world once again.
As President, I remain committed to keeping America the greatest place in the world to start and grow a business. My Administration will continue reducing regulatory burdens, combating unfair foreign trade practices, and ensuring entrepreneurs have the freedom to make decisions that will enhance their products and services.
This National Entrepreneurship Month, we reaffirm our commitment to the entrepreneurs and small business owners who keep our communities thriving with quality job opportunities and economic activity. When we support these brilliant innovators, America is stronger, our communities excel, and our ability to dream big and turn those visions into reality is unparalleled.
