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Congress Debate Over Small-Business Funding Drags On Wall Street Journal

President Obama has signed another temporary extension for the federal funding program that provides $2 billion annually to innovative small businesses. smallbusiness_E_20090731181438.jpg

The House and Senate earlier this summer passed bills reauthorizing the Small Business Innovation Research program, which was set to expire on Friday. But the two bills differ on key issues, in particular the amount of access that venture-backed companies would have to the SBIR funds.