Tough Choices on SBA Budget By Kent Hoover, Portfolio The House Small Business Committee doesn’t like much of anything the Small Business Administration has done over the past two years. This dissatisfaction could cost the agency nearly $100 million. That’s how much the committee recommends be cut from the SBA’s $985 million budget request for next year. These reductions can be… Read more »

House Small Business Committee Chairman Sam Graves (R-MO) has released the following statement on the President’s proposal to repeal the Bush-era tax cuts, moments after chairing a hearing on the burden of the current tax code and the difficulty that entrepreneurs have in complying with it: “With an unemployment rate hovering around 9 percent, it is simply bad policy to raise taxes on… Read more »

Lawmakers: SBIR Reauthorization Will Spur Job Growth By Kate Rogers April 07, 2011 The House of Representatives’ Small Business Subcommittee on Healthcare and Technology met Thursday for a hearing on "Creating Jobs Through Small Business Innovation." At the center of the hearing was a push from both House Democrats and Republicans to reauthorize the Small Business Innovation Research… Read more »

More Lawmakers Question Health-Care Waivers By Angus Loten March 24, 2011 Lawmakers on the House Small Business Committee want to know if smaller firms were among more than 1,000 entities granted health-care reform waivers last year by the Department of Health and Human Services. The one-year waivers provide exemptions… Read more »

Bloomberg Politics The U.S. House of Representatives will vote as soon as next month on a measure to eliminate a tax- reporting requirement from last year’s health-care law that is opposed by many small businesses. The U.S. House of Representatives will vote as soon as next month on a measure to eliminate a tax- reporting requirement from last year’s health-care law that is opposed… Read more »

The Huffington Post Business  After spending much of last year relentlessly touting the benefits of a proposed $30 billion fund that would jumpstart bank lending to small businesses, the Obama administration forecasts the initiative will fall far short, spending just a little over half of the intended allotment, according to the White House's spending plan for 2012. After spending… Read more »

The Wall Street Journal Financing and Investing President Obama's fiscal 2012 budget proposal for the Small Business Administration asks Congress for $985 million—45% less than the $1.8 billion that the agency received in 2010. "We have to tighten our belt, too," said SBA Administrator Karen Mills on a conference call. "We looked through to see if there are programs that are… Read more »

Carroll County Times Local News A mandate in the federal health-care reform law could cause a significant burden on small businesses like his own, a Hampstead jeweler told a House committee. A mandate in the federal health-care reform law could cause a significant burden on small businesses like his own, a Hampstead jeweler told a House committee.A mandate in the federal health-care… Read more »

New York Times Business Republicans on Capitol Hill have made no secret of their desire to cut deeply and broadly across discretionary spending by the federal government. But a letter sent in late January from leaders of the Senate Small Business Committee must have come as something of a surprise to its recipient, Karen Mills, the head of the Small Business Administration. The letter,… Read more »

Washington Post Politics House Republicans are scrutinizing a wide array of existing and proposed Obama administration regulations in areas as diverse as the environment and Wall Street, and they are taking guidance from industry groups that say the rules threaten jobs. House Republicans are scrutinizing a wide array of existing and proposed Obama administration regulations in areas… Read more »