Business Services Industry
The Senate voted March 17 to restore $78 million that the Bush administration wants to cut.(Washington Insider)(Brief Article)
Set-Aside Alert, April, 2005
The Senate voted March 17 to restore $78 million that the Bush administration wants to cut from the SBA budget for 2006.
The amendment would increase the SBA's budget to $671 million. It includes funding to hire more procurement center representatives and to continue several programs that the administration had targeted for elimination, including Microloans.
The Senate rejected a bigger budget increase proposed by Sen. John Kerry (D-MA), then passed the smaller boost backed by Kerry and Small Business Committee Chair Olympia Snowe (R-ME)
The final appropriation will be settled in a House-Senate conference committee later this year.
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