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New Biden Labor Dept. Rule Likely to Hurt Millions of Small Businesses, Independent Contractors

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New Biden Labor Dept. Rule Likely to Hurt Millions of Small Businesses, Independent Contractors
The U.S. Department of Labor Building in Washington on March 26, 2020. Alex Edelman/AFP via Getty Images
Rachel Greszler
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Commentary
Some 99 percent of U.S. companies are small businesses, and 100 percent of businesses started out small, but a recently finalized rule from the Biden administration’s Labor Department will make it harder for small businesses to start, grow, and succeed.
Rachel Greszler
Rachel Greszler
Author
Rachel Greszler is research fellow in economics, budget, and entitlements in the Grover M. Hermann Center for the Federal Budget, of the Institute for Economic Freedom, at The Heritage Foundation.
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