Snowe Urges Senate Budget Committee to Strengthen Role of Small Business Administration
March 6, 2007
WASHINGTON D.C. – U.S. Senator Olympia J. Snowe (R-ME), Ranking Member of the Senate Committee on Small Business and Entrepreneurship, recently submitted her views and estimates to the Senate Budget Committee on the President’s Fiscal Year 2008 budget request for the Small Business Administration (SBA). In a letter to Chairman Senator Kent Conrad (D-ND) and Ranking Member Judd Gregg (R-NH), Snowe voiced concern that the President’s FY 2008 Budget includes a 31 percent reduction in the agency’s core loan and technical assistance programs since 2001.
“Our nation’s small businesses are the very backbone of our economy and must be fairly represented in the halls of Congress,” said Senator Snowe. “By strengthening the role of the Small Business Administration, we are not only offering our 25.8 million small businesses the opportunity to grow, but are laying the groundwork for more businesses to flourish and create jobs in the future. We must continue to invest in affordable health insurance, responsible tax relief, and the core SBA loan and assistance programs, all of which are vital to the success our nation’s small businesses and the health of our economy.”
Senator Snowe urged Senator Conrad and Senator Gregg to appropriately accommodate small business health insurance legislation, tax relief simplification measures, small business regulatory reform, the Disaster Loan program, Microloan Program, SCORE program, Small Business Development Center (SBDC) Program, Procurement Center Representatives (PCRs), HUBZone Program, 7(j) Procurement Technical Assistant Program, Federal and State Technology Partnership Program, Women’s Business Centers (WBC), and Veterans Business Development Program.
View letter
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