Post by Sapphire Capital on Jul 18, 2008 6:04:05 GMT 4
WASHINGTON, July 17, 2008 /PRNewswire-USNewswire via COMTEX/ -- Today Senator Kerry issued the following statement in response to two Government Accountability Office reports that concluded that the Small Business Administration has failed to conduct proper oversight over a program meant to help businesses located in historically disadvantaged neighborhoods access government contracts. The reports on Historically Underutilized Business Zones (HUBZones) can be accessed at www.gao.gov/new.items/d08643.pdf
"Congress created this program to help people in economically depressed areas create jobs and opportunity. The SBA's job is to make sure the program is helping the people who need help, not those looking to make a quick buck. This latest report adds to the pile of evidence that the Administration has failed to conduct adequate oversight of small business programs."
"Congress created this program to help people in economically depressed areas create jobs and opportunity. The SBA's job is to make sure the program is helping the people who need help, not those looking to make a quick buck. This latest report adds to the pile of evidence that the Administration has failed to conduct adequate oversight of small business programs."