Trump’s SBA Budget Saves Loan Guarantees, But Cuts Microloans And Training
Trump proposes 5 percent budget cut for SBA
Impact on midstate lending likely minimal, banker says
President Donald Trump’s preliminary 2018 budget proposal slashes programs throughout most government departments, and the Small Business Administration is no exception. He would like to see the administration operate on a budget of $826.5 million next year, a 5 percent, or $43.2 million, cut from 2017.
Isakson, Tester Introduce Bill to Increase Benefits for Veterans
Joined by committee members in introducing bipartisan bill to boost veterans’ disability compensation, accommodate for cost-of-living adjustment
WASHINGTON – U.S. Senators Johnny Isakson, R-Ga., and Jon Tester, D-Mont., chairman and ranking member of the Senate Committee on Veterans’ Affairs, today introduced the Veterans’ Compensation Cost-of-Living Adjustment Act of 2017, bipartisan legislation to increase veterans’ disability benefits from the Department of Veterans Affairs (VA).
“Our men and women in uniform have sacrificed greatly, and it is our duty to provide veterans and their families with the benefits they so rightly deserve,” said Isakson. “As such, we are working to ensure veterans’ benefits mirror rising living costs in our country.”
“Veterans have earned this benefit, and this increase is a step in the right direction to live up to the promises we made to our men and women in uniform,” said Tester. “I’m proud to stand with my colleagues from both sides of the aisle to keep veterans’ benefits in line with the rising costs of housing, utilities, and food.”