New York Times, Inc.com story written by Angus Loten
Senate lawmakers are urging the White House to boost funding for federal small-business lending and assistance programs overseen by the Small Business Administration following years of cutbacks.
In a letter to the Office of Management and Budget this week, Sens. John Kerry (D-Mass.) and Olympia Snowe (R-Maine) of the Senate Committee on Small Business and Entrepreneurship called the agency's budget cuts in recent years a "step in the wrong direction."
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Senate lawmakers are urging the White House to boost funding for federal small-business lending and assistance programs overseen by the Small Business Administration following years of cutbacks.
In a letter to the Office of Management and Budget this week, Sens. John Kerry (D-Mass.) and Olympia Snowe (R-Maine) of the Senate Committee on Small Business and Entrepreneurship called the agency's budget cuts in recent years a "step in the wrong direction."
To read the rest of this story, please click here.
