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House Small Business Committee calls for $50M cut to SBA budget request

March 28, 2014 By ei2admin

The House Small Business Committee recommends cutting almost $50 million from President Obama’s fiscal 2015 budget request of $864.64 million for the Small Business Administration.

Committee Democrats will present their own views on the White House request at a later date, said Ranking Member Nydia Velázquez (D-N.Y.) at a March 25 committee markup.

Although the budget request is for $64 million less than the agency’s current year spending, the March 25 majority committee report  says there’s room for more cuts.

Keep reading this article at: http://www.fiercegovernment.com/story/house-small-business-calls-50-mil-cut-obamas-sba-budget-request/2014-03-26

 

Filed Under: Contracting News Tagged With: appropriations, budget cuts, SBA

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