In continuation from the post on Monday.
The Bush Administration has taken some punches from Velazquez since 2006. She has denounced Bush’s policy that allows Fortune 500 companies to obtain federal contracts that were supposed to be allocated to small businesses. There has never been any legislation by Velazquez to stop the flow of money to these companies, even though she is the chair of the House Committee on Small Business. The new change she is proposing will only help make the wealthy wealthier and will ultimately hurt small businesses. An interesting fact is that The National Venture Capital Association has been one of the Congresswoman’s biggest campaign contributors. It is believed that the change that she is proposing is a reward for the wealthy; who have supported the Democratic Party.
The bill is sure to be rushed through the House in order to avoid scrutiny. They do not want media attention this time around. The American Small Business League is asking that all concerned parties contact their congressman or congresswoman and ask that they oppose changing the Small Business Act’s definition of a small business. Remember…small businesses should remain “independently owned” and operated. That is after all what a small business is….for everyone other than some of these supporting politicians.
