Chapman

Legislation and policies that would reduce the volume of federal contracts obtained by legitimate small businesses could be even more devastating to our national economy.

The American Small Business League is concerned the Obama stimulus bill may ultimately include the loophole venture capitalists have been lobbying for.

Just days before the election, Obama dropped a comprehensive plan to stimulate the middle class economy by stopping the diversion of federal small business contracts to corporate giants.

Obama has ignored pleas from small business groups to adopt legislation and policies to stop Fortune 500 firms from commandeering up to $100 billion a year in federal small business contracts.

The American Small Business League (ASBL) released the following video via YouTube this afternoon. In it, the ASBL's President Lloyd Chapman states th...