(The Center Square) – The Small Business Administration announced it will close Fiscal Year 2025 with record-breaking capital delivered to small businesses , but policy experts are unimpressed by the news.

Heritage Foundation senior fellow in economic policy David Burton told The Center Square that “the primary purpose of the SBA should be to work to reduce regulatory and other impediments to small business formation and growth,” and explained that “the SBA Office of Advocacy does this.”

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Burton said, however, that “the primary function of the SBA today is to provide taxpayer funds to busi

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