The Small Business Innovation Research program, or SBIR, and the Small Business Technology Transfer program, or STTR, were established to spur innovation and job creation throughout the country.

As I mentioned in my opening remarks, the administration's recently released budget blueprint suggests reducing the SBA's budget by 5 percent.

Isolationism resonates in our own country with people who are worried about their livelihoods being taken away by increasingly interconnected world.

I have deep concerns about the current administration's continued publicly questioning of our alliances and the sanctity of the post-World War II international order.

As was just mentioned, I serve as the ranking member on Contracting and Workforce.

My concern is that over time this may lead to more small firms losing bids or it may even discourage them from engaging in the bidding process at all.

Thank you for all of your testimony.

Thank you, Mr. Chairman.

Just one final question. So in 2008 and 2009, we have discussed how the GAO investigators have identified 29 firms that were participating in the SBA HUBZone programs that were not in compliance with the program requirements.