Washington, D.C. – Oak Grove’s CEO, Mark Gross, testified before Congress regarding the potential impact $110 billion in federal budget cuts would have on small businesses.
In the wake of the White House’s announcement to reduce federal spending, Mr. Gross was invited to speak before the US House of Representatives, Committee on Small Businesses, concerning the across-the-board spending cuts, known as sequestration.
Like many small business owners, Mr. Gross is coping with the uncertainty of what lies ahead if Congress does not stop the planned budget cuts.
Mr. Gross explained that, “…cut[s] will hurt everyone, although the same economic engine that powers America, small business, will be the one that suffers most.”
He went on to say, "Most small business federal contractors provide the government with services rather than products because there are fewer barriers to entry in the services market. ... It is easier for an agency to eliminate two data processors from a contract than eliminate a section of a fighter jet. By cutting services in a greater proportion than products, sequestration will affect many more small contractors than large contractors."
About Oak Grove
Throughout the Armed Forces, across federal government agencies, in Law Enforcement, healthcare and beyond our expert staff is delivering results-oriented solutions that are changing the way people live and work for the better.
Our full suite of instructional services includes tactical field training and web-based and mobile learning solutions to prepare teams to successfully execute any mission. We specialize in language, regional expertise, and culture services, and develop truly immersive cultural environments and training programs. We deliver expert intelligence services to support the warfighter, and empower people and their message through strategic communications and information technology services.
Oak Grove mentors owners of veteran small businesses and sponsors special events that honor and aid our veteran community. Additionally, over 75% of our employees have served in the military. Our Service Continues...