AOL: Obama Plans to Cut SBA Budget Almost in Half (hope the teachers union is listening)

[Patricia M. McBride]

Perhaps those who wish to beat our governor up for cutting education funding by not renewing the expenditure of the stimulus will be mindful of the Small Business Administration cut that Obama is making before they are too critical.

"The president's 2012 budget proposal slashes Small Business Administration funding by 45 percent, although the agency's 2011 total was significantly inflated because of stimulus spending."

 Although I think this cut in spending will hurt the creation of jobs (as well as all the tax increases on those who create the jobs that Obama has proposed), I think it is only the tip of the iceburg of what is coming when the republican cuts are in place.

 

To read the article about SBA cuts and the actual numbers associated with them, the complete article is here:

http://smallbusiness.aol.com/2011/02/14/obama-plans-to-cut-sba-budg...