Sunday, January 5, 2014

N.C.’s Burr proposes changes that small-business advocates don’t like

McClatchy Washington Bureau, January 4, 2014 

WASHINGTON — Sen. Richard Burr, a former businessman in North Carolina, says he wants the federal government to put the Small Business Administration inside a new agency that combines the departments of Commerce and Labor.

Burr says the move would eliminate duplicative programs that cost the government “staggering amounts of money every year.”

One critic of Burr’s pending legislation, the American Small Business League, has been asserting that the proposal would close the Small Business Association, leaving many businesses without federal help to secure loans and get federal contracts.

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