Tuesday, June 27, 2006

SBA Closes Veterans Assistance Office

Without consultation or notification, the Bush Administration has closed its office at the Small Business Administration (SBA) solely dedicated to helping veteran-owned small businesses gain access to federal contracts. The Administration has also informed the Veterans Advisory Committee, another group dedicated to helping veteran small business owners, that their charter will not be extended and instead will expire this September. These unprecedented moves hurt America's veteran entrepreneurs and raise serious questions about the Administration's commitment to comply with federal law.

Budget cuts and Barreto's resignation leave SBA toothless. One small- business advocate is sounding the alarm as best he can that companies should prepare for the possible closure of the Small Business Administration. It's just a matter of time, said Lloyd Chapman, president of the American Small Business League. President Bush and the Republican-controlled Congress want to shut SBA's doors for good, he said.

Full Story:http://www.targetgov.com/Content.asp?id=2313

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