The Small Business Administration’s handling of a tightened budget under sequestration has prompted a House committee chairman to seek clarifications and data on the agency’s funding for its guaranteed loan program and on the cost of employee travel to conferences.
Rep. Sam Graves, R-Mo., chairman of the House Small Business Committee, on Wednesday (Apr. 3, 2013) sent a letter to SBA Administrator Karen Mills expressing concern about priorities assumed in contingency planning under sequestration. Government Executive obtained an advance copy of the letter.
“The committee remains concerned that the core functions of the agency may be curtailed by sequestration,” Graves wrote. “This is problematic if SBA continues to fund activities not specified in the Small Business Act or the 1958 Small Business Investment Act or unnecessary travel by employees.”