Parker Griffith D-AL
On September 14th, Alabama Congressman Parker Griffith (D) introduced a new bill, H.R. 3558, which will allow some of his largest campaign contributors to land billions of dollars in federal small business contracts. (Legislation)
Boeing and Northrop Grumman are two of Congressman Griffith’s largest campaign contributors. If H.R. 3558 becomes law, Boeing, Northrop Grumman and hundreds of Fortune 1000 firms will be able to hold on to billions of dollars in federal contracts earmarked for small firms. (http://tiny.cc/mp06p )
If Congressman Griffith’s bill becomes law, billions of dollars in federal small business contracts could be diverted to Fortune 500 firms, corporate giants around the world, and their subsidiaries indefinitely.
In May of 2009, Congressman Hank Johnson (D – GA) introduced H.R. 2568, the Fairness and Transparency in Contracting Act of 2009, which will have the opposite effect of H.R. 3558. The ASBL played a major role in the drafting of H.R. 2568. The bill will halt the flow of federal small business contracts to large business. The ASBL estimates H.R. 2568 will redirect over $100 billion a year back to legitimate small businesses and deliver the largest economic stimulus for middle class firms to date. (Legislation)
SOURCE: American Small Business League