American Small Business League: "Small Business Agenda Contains Major Hole"

On Monday, May 13, the Obama Administration released what President Obama called "The Small Business Agenda: Growing America's Small Businesses to Win the Future." After carefully evaluating President Obama's small business agenda, the American Small Business League (ASBL) was surprised to find that the plan ignores the diversion of billions of dollars a year in federal small business contracts to large corporations.

Since 2003, a series of federal investigations have found that most small business contracts actually go to Fortune 500 firms in the U.S. and other large businesses around the world.