Graves: Obama Administration Paints Small Businesses as Enemies
The U.S. Department of Labor reported that unemployment in the U.S. rose to 9.7%, with 216,000 Americans losing their jobs in August. In addition to the Department of Labor’s data, Automatic Data Processing (ADP) released a report on Wednesday showing that small businesses laid off more employees than mid or large size companies.
Ranking Member Sam Graves (R-MO) of the House Small Business Committee commented:
“It is abundantly clear that the Obama Administration has no understanding of small business owners or what they need. Last week the SBA fell short of the mandatory allocation of government contracts to small businesses, and only 1% of the “economic stimulus” package was provided to small companies. This Administration continues to push record spending and proposes paying for it on the backs of small businesses. Congress should focus on helping our job creators, not treating them as enemies.”