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In reply to the discussion: President Obama said today he is elevating the Small Business Administration to a Cabinet-level agen [View all]pnwmom
(110,326 posts)What would be wrong with that?
Unfortunately, there is another proposal that might not be as good for small business.
http://www.latimes.com/business/la-fi-small-business-20120114,0,733555.story
Reporting from Washington Small businesses scored a victory when President Obama said the head of the federal agency that provides them with loan guarantees and other assistance would begin attending Cabinet meetings.
Karen Mills, who leads the Small Business Administration, "is going to make sure that small-business owners have their own seat at the table in our Cabinet meetings," Obama said Friday.
His announcement was welcomed by small business advocates. For more than three years, they had been urging Obama to elevate the SBA administrator to Cabinet rank, the same top status as in the Clinton administration.
But some worried that the enhanced voice for small businesses at the highest levels of the Obama administration could be short-lived because of another proposal to combine the agency with five others.