Texas: Governor Abbott Meets With SBA Administrator Kelly Loeffler

~ In a recent luncheon, Governor Greg Abbott of Texas met with Kelly Loeffler, the Administrator of the United States Small Business Administration. The purpose of the meeting was to discuss the partnership between Texas and the Trump Administration in supporting small businesses and entrepreneurs.

During the luncheon, Governor Abbott proudly declared Texas as the top business ecosystem in the country. He highlighted that Texas has been named the Best State for Business for 21 consecutive years and has been ranked number one for economic development for 14 years. This success can be attributed to the state's business-friendly climate and favorable regulatory environment, which provides a solid foundation for small businesses and entrepreneurs to thrive.

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Governor Abbott also mentioned the proactive measures taken by the Texas Legislature to reduce regulatory burdens and eliminate unnecessary rules on small businesses. These actions have contributed to Texas being a national leader in job creation.

The Governor and Administrator Loeffler also discussed Texas' partnership with the White House. They noted that Texas is home to robust industries such as defense, oil and gas, industrial, manufacturing, technology, and artificial intelligence. Governor Abbott emphasized that this success is due in part to constitutional amendments that have banned taxes on income, capital gains, securities transactions, inheritance, and more. These measures have put more money into the pockets of hard-working Texans.

Photos from the event will be made available soon. This meeting highlights the strong collaboration between Texas and the federal government in supporting small businesses and promoting economic growth in the state.

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