Pharma Investments, Ventures & Law Weekly
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American Small Business League
Hurricane Relief Will Be Hampered by SBA Budget Cuts, According to American Small Business League
October 5th, 2008
Relief to small businesses and homeowners recovering from this season's round of hurricanes will be dramatically hampered by a series of severe Bush Administration budget cuts at the Small Business Administration (SBA). The SBA's ability to respond to victims of Hurricane Katrina was severely handicapped by dramatic budget and staffing cuts at the agency prior to the storm. The SBA was so overwhelmed during relief efforts following Hurricane Katrina, that the agency was forced to hire thousands of temporary workers to do the work of the multitude of experienced SBA staff that had been laid off by the Bush Administration. A Government Accountability Office (GAO) report...
Source: Pharma Investments, Ventures & Law Weekly (2008-10-05)
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