
The bad news is that the SBA has mismanaged these programs and opened them up to unprecedented levels of waste, fraud, and abuse.
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The bad news is that the SBA has mismanaged these programs and opened them up to unprecedented levels of waste, fraud, and abuse.

I applaud the new administration for taking these concerns seriously and acting quickly to prevent emergency loans from going to bad actors.

This program was not that big compared to the amount of money that is going out with regards to identity theft.

It's critically important to us that we get this right.

The President's plan calls for revitalizing manufacturing, securing US supply chains, and investing in R&D, including in biotechnology.

Thank you, Chairman, and again welcome to all of you today. Thanks for being willing to serve in these jobs that have so much impact on the lives of every American every day.

I'm a little unclear in the President's proposal how the current Highway Trust Fund fits in.

I think we need to sort of set the stage a little bit here with regards to what we are talking about this morning from a standpoint that the PPP program was implemented in a very, very quick fashion.

We suggested to Congressman Baird that setting aside a portion of rural broadband funding for innovation and for models of advancing innovation could really help solve the digital divide sooner and more cost effectively.

Unfortunately, we have seen numerous blunders--and I use that term very politely--as the SBA has neglected to be good stewards of our constituents' tax dollars.