Baldrige Goes Private?
The coveted Malcolm Baldrige Awards, administered by the Commerce Dept., may be headed for privatization. The awards have been a hit with business since being established in 1987. But House and Senate GOP budget-balancing plans do away with $3.4 million to administer the program, which honors managerial excellence and technological innovation. Commerce insiders say the awards are so popular that business probably will pick up the tab.