Press Release
An Open Letter to Senator Ted Cruz from the American Small Business League President Lloyd Chapman
American Small Business League
May 2, 2016
The American Small BusinessLeague (ASBL) has sent letters to DonaldTrump, Senator Cruz, Governor Kasich, Secretary Clinton and Senator Sanders in theform of national press releases asking them to pledge to keep a campaignpromise President Obama made in 2008.
Responding to dozens of federalinvestigations and investigativereports in the media that found the Small Business Administration (SBA) wascheating small business out of billions in federal contracts and subcontractsPresident Obama released the statement, "It is time to end thediversion of federal small business contracts to corporate giants."
Since President Obama took office the diversion of billionsa month in federal small business contracts to Fortune 500 firms and corporategiants has continued. Every year of the Obama Administration the SBA Office ofInspector General headed by Obama appointee Peg Gustafson has named thediversion of federal small business contracts to large businesses as the numberone problem with the upper management at the SBA.
The GovernmentAccountability Office uncovered over 5,000 large businesses receivingbillions in federal small business contracts in their investigation based oninformation provided by ASBL President Lloyd Chapman.
Hundreds of articles on the issue can be found on a widevariety of websites. The Associated Press anddozens of publications such as the LosAngeles Times, Miami Herald,WashingtonPost, GovernmentExecutive, and FederalTimes have all reported on the abuses at the SBA.
Most of the major national television news channels such as NBC, CBS, ABC, CNN, CNBC, MSNBC, FoxNews and RRTV haveproduced stories on the issue.
In May of 2015 government watchdog group Public Citizenreleased adamming investigative report on the fraud titled "Sleighted".Public Citizen found the SBA had used "accounting tricks [to] create [a] falseimpression that small businesses are getting their share of procurement money "
In the ASBL's most recent legal victory over the Pentagon toexpose evidence of corruption and fraud in Pentagon small business programs,Federal Judge William Alsup stated "The Purpose ofthe Freedom of Information Act is so the public can see how our governmentworks. Congress passed this law to make small businesses have access to some ofthese projects, andhere is the United States covering it up."
Research by the ASBL indicates over the last ten years the nations 28 million small businesses may have been defraudedout of up to two trillion in federal contracts and subcontracts.
In 2014 American Express Open Forum named Lloyd Chapman oneof the four strongest voices for small businesses in America for hiscampaign to end fraud in federal small business programs. The ASBL plans torelease a documentaryof the history of fraud at the SBA this summer.
To view full press release, click here: http://www.prnewswire.com/news-releases/an-open-letter-to-senator-ted-cruz-from-american-small-business-league-president-lloyd-chapman-300260751.html
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