PETALUMA, Calif., June 29, 2015/PRNewswire-USNewswire/ -- On May 6, Public Citizenreleased a scathing investigative report title, "Slighted: AccountingTricks Create False Impression That Small Businesses  Are Getting TheirShare of Federal Procurement Money, and the Political Factors That Might Be atPlay," that found the federal government's small business contracting datahas been grossly inflated for years. The White House was so embarrassed by thereport they cancelled a major May 8 event to release the fiscal year2014 Small Business Scorecard.

Despite the rampant abuses uncovered in the Public Citizeninvestigation, the Pentagon and the Small Business Administration still held a joint meeting on June 26 to claim small businessesreceived 24.99% of all federal contracts in 2014. Surprisingly, that numberstill included billions to Fortune 500 firms that had been uncovered in thePublic Citizen investigative report.

In addition to the Public Citizen report, every year of theObama Administration, Peg Gustafson, the Inspector General for theSmall Business Administration who was appointed by President Obama, has namedthe diversion of federal small business contracts to large businesses as thenumber one problem at the SBA.

In 2009, the Government Accountability Office (GAO) essentiallyaccused the SBA of encouraging fraud in Report 10-108 that stated, "By failing to hold firmsaccountable, SBA and contracting agencies have a message to the contractingcommunity that there is no punishment or consequences for committingfraud…"

President Obama even released the statement, "It is time to end the diversion of federal small businesscontracts to corporate giants."

Every year for the last few years the American Small BusinessLeague (ASBL) has released an analysis that has uncovered approximately 75% of the top 100 recipients of federal small businesscontracts, each year, are actually large businesses.

The ASBL analysisfound over 160 Fortune 500 firms were the actual recipients of federal smallbusiness contracts in 2014.

Verizon was the single largest recipient of federal smallbusiness contracts last year with over $125 million.

Some of the firms that have receivedfederal small business contracts include Hewlett-Packard, Oracle, IBM,Northrop Grumman, Raytheon, Lockheed Martin, British Aerospace Engineering(BAE), Verizon, Apple and Chevron.

Senate Small Business Committee Chairman, DavidVitter, demanded a list of the names of all firms that received small business contracts lastyear. Vitter's office has indicated he will hold a hearing on the rampantabuses in federal small business contracting programs.

The House Small Business Committee has also unanimously adoptedan amendment to request a new GAOinvestigation into fraud in federal small business contracting programs basedon research provided by the American Small Business League.

The American Small Business League has begun filming a documentaryon fraud and abuse in federal small business programs featuring investigativereports on the issue by ABC, CBS, NBC, CNN, MSNBC, Fox News, RTTV anddozens of newspaper articles and radio shows.

To view full press release, click here:  http://www.prnewswire.com/news-releases/pentagon-and-sba-join-forces-to-release-controversial-small-business-data-300106243.html?tc=eml_cleartime