Central Valley Business Times

May 23, 2009

The issue of whether the federal government ignores the law by giving government deals to major corporations that were meant for small businesses could be put to rest by a bill introduced this week.

Rep. Hank Johnson, D-Ga., is carrying the legislation written by American Small Business League President Lloyd Chapman and dubbed the “Fairness and Transparency in Contracting Act of 2009.”

Mr. Chapman contends it will increase the flow of federal infrastructure spending to small businesses nationwide by as much at $100 billion a year.

He says the act has the potential to create 4 million new jobs using existing programs designed to assist small businesses.

“In this time of economic hardship, H.R. 2568 offers the possibility of a major economic stimulus for our nation's middle class economy,” he says.

Source:  http://www.centralvalleybusinesstimes.com/stories/001/?ID=12052