Stimulus Bill Ignores Current Government Spending

The American Small Business League continues to hammer away at the "stimulus" bill President Obama is scheduled to sign into law.

The bill doesn't do much to help small businesses, the backbone of the U.S. economy, argues the Business League.

From a statement issued today:

One of the most effective economic stimulus bills ever passed by Congress was the Small Business Act of 1953. Current federal law based on the Small Business Act, stipulates that a minimum of 23 percent of all federal contracts and sub-contracts be awarded to small businesses. Congress passed the Small Business Act based on the realization that most Americans are employed by small businesses. The same statistics hold true today.

Stimulus Bill Ignores Current Government Spending