PolitiKool
Discourse from America’s online town square
Monday, November 2, 2026
Latest News · Fox News · November 2, 2026

The GOP reveals a fresh $100B talking point as the battle for Congress looms

Latest News FOX NEWS POLITIKOOL · LATEST NEWS

Small Business Administrator Kelly Loeffler is offering a new economic talking point for Republicans as the midterms approach: the federal agency she leads steered $100 billion to local employers for the second year running. Speaking exclusively with Fox News Digital, she credited President Donald Trump's tax cuts, deregulation and trade policies for the result. Both parties are competing to persuade voters that they have the stronger plan for household finances and business growth, a contest that could influence who controls the House and Senate.

The total combines several streams, including private investment, disaster aid and business support. Within it, the agency backed 62,205 loans valued at $39. 5 billion under its 7(a) and 504 programs during fiscal 2026, which ranks third on its list of busiest lending years.

Loeffler said the entrepreneurs she talks to are ready to expand but want assurance that Washington will support long-term investment, and that a shortage of skilled workers is their most frequent complaint. Threats of heavy taxation and regulation, she said, are what they cannot tolerate.

Summarized by PolitiKool from Fox News’s reporting. Read the full story at Fox News →