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Blog Entries from July 17, 2013

Commerce Secretary Penny Pritzker Visits MBDA Team

Secretary Penny Pritzker Stands with the MBDA Leadership Team Outside Their Offices

Crossposted from MBDA.gov.

Newly appointed Commerce Secretary Penny Pritzker visited Minority Business Development Agency (MBDA) employees during their staff meeting Monday.

During the visit, Secretary Pritzker talked to MBDA staff about her commitment to supporting the Agency’s mission of helping minority-owned businesses grow and create American jobs.

The secretary, who was familiar with MBDA’s work prior to joining Commerce, commended the agency on their recent annual performance report, and told employees that she looks forward to working with them to further the department’s mission.

During her recent address to the Commerce workforce, Secretary Pritzker emphasized she would work every day – 24/7 – to ensure that everyone in Washington, DC, across the country and around the world knows the great work agencies and employees are doing.

MBDA National Director David Hinson, speaking on behalf of the MBDA team, said that he was thrilled the secretary took time to visit the agency’s employees so early in her tenure, adding that the visit is an example of her commitment to employees, businesses and the nation’s economy.

MBDA is the only federal agency solely dedicated to the growth and global competitiveness of U.S. minority-owned businesses. Our programs and services equip minority-owned firms to create jobs, build scale and capacity, increase revenues and expand regionally, nationally and internationally. Services are provided through a nationwide network of MBDA Business Centers, as well as through MBDA headquarters and a National Federal Procurement Center in Washington, DC.

Proposed Cuts Hurt Job Creation, Economy, and the Middle-Class

The President has been clear that Republicans in Congress should work with Democrats to finish a budget that cuts wasteful spending while investing in jobs, the economy, and middle class families. Until Congress reaches a budget agreement, the President will not sign individual appropriations bills that simply attempt to enact the House Republican budget into law. That would hurt our economy and make draconian cuts to middle class priorities.

The House Commerce, Justice, Science appropriations bill demonstrates just how damaging the overall spending limits imposed by House Republican leadership are. The bill would cut $1 billion from the President’s request for the Department of Commerce, requiring a halt to investments in areas designed to help grow the economy, create jobs, and strengthen the middle class. The bill cuts more than $70 million from the International Trade Administration, which prevents placement of Foreign Commercial Service Officers in priority markets to help U.S. companies expand exports. That cut also limits our ability to attract foreign investment.  Instead of building on the momentum of resurgent American manufacturing as the President did in this budget, the bill terminates the Advanced Manufacturing Technology Consortia, which is helping the industry identify long-term manufacturing needs, and it cuts $33 million from the President’s request for the Manufacturing Extension Partnership (MEP). The MEP program is a federal-state partnership, which consists of centers located across the country that work directly with their local manufacturing communities to strengthen the competitiveness of our nation's domestic manufacturing base.

Secretary Pritzker Meets with Employees at Census Bureau Headquarters

Secretary Penny Pritzker thanking Acting Director of the U.S. Census Bureau Tom Mesenbourg for his 41 years of service

Guest blog post by Secretary of Commerce Penny Pritzker

As an entrepreneur and businesswoman, I have first-hand experience with the data, information, services and resources the Commerce Department provides.

Yesterday, I had the opportunity to meet the people who produce the data used by communities and businesses across the country. At the Census Bureau’s headquarters in Suitland, Maryland, I saw how statisticians, demographers, economists, information technology experts and other highly-skilled staff are working together to meet the rising demand for economic and demographic data.

As I experienced personally, the timely, high-quality statistics from the Census Bureau give entrepreneurs and business executives the tools they need to make major investment decisions. The broad menu of data delivered by Census and other Commerce Department bureaus also provides officials at all levels of government with the most reliable basis for decisions, such as where to build a school, highway or a factory, and where to find export markets and small business opportunities.

There was an additional air of excitement during my visit because Census unveiled an updated version of the America's Economy mobile app with three additional economic indicators, including the nonfarm payroll employment. The America’s Economy app, which gives users all sorts of current and historical statistics related to 19 economic indicators, is on my iPad and those of 98,000 other data users.