Shutter SBA ImageA debate about the wisdom of folding the U.S. Small Business Administration into the Department of Commerce has been simmering ever since the idea was proposed by President Reagan nearly three decades ago. The notion has remained on a back burner even with the current administration, as President Obama appointed SBA Administrator Karen Mills to his cabinet as part of a broader plan to merge SBA with several other agencies, but then failed to appoint a new administrator after Mills departed last August.
A year ago, we reported here on some small business advocates’ stances on the folding SBA into Commerce (hint: they’re vigorously opposed). And now a new proposal has brought the conversation back to a boil.
In late December, Senator Richard Burr (R-NC) proposed legislation to form a single Department of Commerce and the Workforce that would encompass the functions of the Departments of Labor and the Commerce. One of five undersecretaries at the newfangled department would oversee allRead More »from That Old Idea to Shutter SBA is Back