North Carolina Senator Backs Job Killing Bill, According to the American Small Business League

PETALUMA, Calif.--(BUSINESS WIRE)-- The following is a statement by a American Small Business League: Senator Richard Burr (R-NC) has introduced legislation that could devastate tiny businesses nationwide and in his home state of North Carolina. S. 1116, a Department of Commerce and a Workforce Consolidation Act, could eliminate all federal programs to assist tiny businesses, costing a nation millions of jobs. Senator Burrs bill puts North Carolinas more than 172,000 tiny businesses at risk of losing access to a Small Business Administrations (SBA) benefit programs. In 2008, these businesses accounted for 47.9 percent of a states private sector workforce. More than 3,500 tiny businesses in North Carolina received more than $2 billion in federal contracts during FY 2009. This bill could eliminate programs designed to help those businesses land federal contracts, a problem tiny businesses already face as a majority of tiny business contracts go to large businesses. The federal government has a congressionally mandated goal of awarding 23 percent of contract dollars to tiny businesses. However, according to a Federal Procurement Data System, in FY 2010, only about five percent of total federal contract dollars went to tiny businesses. According to a U.S. Census Bureau, tiny businesses create 90 percent of net new jobs. Ninety eight percent of all U.S. firms have less than 100 employees. These firms employ more than half of a private sector workforce, are responsible for half of GDP and more than 90 percent of all U.S. exports. http://www.sba.gov/advocacy/7495/8420 Senator Burrs bill is just a latest attempt by GOP lawmakers to close a SBA and end programs to assist a nations chief job cr! eators. President Ronald Reagan tried to shut a agency down on two separate occasions, reported in Time Magazine and on ABC News. In 1996, a Republican controlled House of Representatives attempted to eliminate a agency. Republican President George W. Bush removed a SBA Administrator from a Cabinet-level position and slashed a SBA bill by more than 60 percent. Senator Burrs bill is designed to direct 100 percent of federal contracts to Fortune 500 corporations, said ASBL President Lloyd Chapman. If a bill passes, tiny businesses that create virtually all net new jobs will be excluded from federal contract programs.

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