American Small Business League Endorses Congressman Hank Johnson
Based on his strong track record for small businesses, The American Small Business League (ASBL) has endorsed Congressman Hank Johnson (D - GA) for reelection. The ASBL is the only national small business advocate committed to stopping widespread fraud and abuse in federal small business contracting programs.
As far as I am concerned, every small business in America owes Congressman Hank Johnson a debt of gratitude. He is leading the charge against the diversion of federal small business contracts to large corporations, and taking on big businesses that are hijacking billions of dollars a month in federal small business contracts. Hank Johnson is a hero to me, and I think he is a hero to every small business in the country.
During the 111th Congress, Congressman Johnson introduced H.R. 2568, the Fairness and Transparency in Contracting Act. The bill would stop the diversion of billions of dollars a month in federal small business contracts to corporate giants. If signed into law, H.R. 2568 would direct more federal funds into the hands of Georgia's small businesses than anything proposed by the Obama Administration or any other member of Congress to date. http://www.asbl.com/documents/hr2568.pdf
Since 2003, more than a dozen federal investigations have uncovered billions of dollars in federal contracts intended for small businesses actually flowing into the hands of large businesses like: Lockheed Martin, Boeing, Raytheon, General Dynamics, British Aerospace, Thales Communications, Ssangyong Corporation headquartered in South Korea, and Italian firm Finmeccanica SpA. H.R. 2568, would put a halt to this ten-year contracting scandal, and redirect billions of dollars in federal infrastructure funds to the middle class economy. (http://www.asbl.com/documents/20090825TopSmallBusinessContractors2008.pdf)
During FY 2009, Georgia small businesses received $ 2.15 billion in contracts from the federal government. The ASBL has estimated that the passage of H.R. 2568 could more than double the volume of federal contracts awarded to small businesses in the State of Georgia.
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