The U.S. Government, as part of Dubya's 'commitment' to energizing small business is required to spend 23 percent of roughly $314 billion in contracts with small businesses. Last month, the Small Business Administration claimed the government met that goal in 2005. That's fantastic, until you look at the list of companies the government claimed as small businesses when doling out contracts in 2005.
Included on the list? Microsoft, ExxonMobil, The Associated Press, The New York Times Co., USA Today International Corp., Bloomberg L.P. and the Public Broadcasting Service, according to data the administration gave congressional investigators. The cost of these "small business" contracts? 12 BILLION dollars.
Just another way that the Bush Administration is lookng out for the little guy.
Newsvine: Media Firms Counted As Small Businesses