In his latest speech on the economy, President-elect Barack Obama has once again failed to make even a single mention of America's small businesses, which create nearly 80 percent of net new jobs, and employ 50.4 percent of private sector workers.

With regards to the economy, Obama held true to...

In a recent appearance on CNN's Late Edition with Wolf Blitzer , two of our nation's top economic experts agreed on how to best stimulate the faltering American economy. Former Clinton Administration economic adviser Laura Tyson and one of Senator John McCain's top economic advisers and former Hewlett-Packard President Carly...

Congress will begin work this week on President-elect Barack Obama's new economic stimulus plan. The American Small Business League (ASBL) is predicting President-elect Obama's stimulus plan may contain provisions that will allow wealthy venture capitalists to receive billions of dollars in federal contracts earmarked for small businesses.

Under the...

President-elect Barack Obama has nominated Karen Gordon Mills as Administrator of the U.S. Small Business Administration (SBA).

Mills is president of MMP Group, a private equity investor and adviser, a former founding partner and managing director of Solera Capital, a New York based venture capital firm and lead director of...

Considering the dire state of our nation's economy, President-elect Barack Obama was expected to support existing federal small business programs and propose new policies that would stimulate the middle class economy and create jobs for our nation's 27 million small businesses.

There appears to be a significant disconnect between President-elect...

Petaluma, Calif. - President-elect Barack Obama has dropped a campaign promise to end Bush Administration policies that have allowed Fortune 500 firms to receive federal small business contracts.

In February, President-elect Obama released the following statement, "Over half of all Americans work for a small business. Small businesses are the...

Petaluma, Calif. - Barack Obama may already be losing credibility over his explanation as to why he dropped the windfall profits tax on the oil and gas industry from his administration's agenda. During his campaign, President-elect Obama promised to enact a windfall profits tax on the oil and gas industry,...

President-elect Barack Obama has apparently decided to drop a campaign promise to America's 27 million small business owners to stop the diversion of billions of dollars in government small business contracts to Fortune 500 firms. Obama's February 26th pledge to address the problem has been dropped from the Change.gov website.

The following article is a commentary from Congressman Michael P. Forbes ( 1995-2001), which ran in the Austin American Statesman on December 1, 2008. In the article, Forbes lays out a series of suggestions, which if implemented would allow existing programs at the U.S. Small Business Administration to provide our...

President-elect Barack Obama has removed any reference of his promise to implement a windfall profits tax on the oil and gas industry from the Obama-Biden Transition Team website, www.change.gov.

During the course of the 2008 presidential election, the Obama campaign called for a windfall profits tax on the...

During the 2008 presidential election cycle, President-elect Barack Obama made two key campaign promises which would have directed billions of dollars into the middle class economy. With the election behind him, it seems that President-elect Barack Obama has now broken his promise to enact a windfall profits tax on the...

Petaluma, Calif. - President-elect Obama's pre-election promises to end dramatic and well-documented abuses in federal small business contracting programs are conspicuously absent from the "Agenda" on the new Obama-Biden Change.gov website.

In February Senator Obama released this statement, "It's time to end the diversion of federal small business contracts...

A recent Washington Post story about the diversion of billions in government small business contracts to Fortune 500 firms looks more like it was written by the White House press office than the newspaper that broke the story on Watergate. (http://www.asbl.com/showmedia.php?id=1179)

The story seems "un-Washington Post-like." Titled, "Agencies...

This Friday CNN's Wolf Blitzer will interview Senator Barack Obama (D - IL). CNN is accepting questions from the public. In nearly two years of campaigning, Senator Obama has answered thousands of questions from the public and the media. It will be difficult for Wolf Blitzer to come up with...

Republican Anti-Small Business History Revealed

In 1953 Congress passed the Small Business Act out of the realization that most Americans worked for small businesses, and that these firms were the heart and soul of our great nation's economy.

During 1984 and 1985 President Ronald Reagan tried to close the Small...

This Morning the American Small Business League released the following press release:

Petaluma, Calif. - Since 2003, over a dozen federal investigations have found billions of dollars in federal contracts earmarked for middle class firms have been diverted to Fortune 500 companies. A recent story in the Washington Post...

A recent story by the Washington Post concluded that over 40 percent of the contracts federal agencies were supposed to give to small businesses actually were diverted to Fortune 500 firms.

The Washington Post reviewed a sample of $13 billion in federal contracts that were reported as going to...

Ninety-eight percent of all companies in the United States have less than 100 employees. Twenty-seven million firms fall into the category of small business, and small businesses employ 56 percent of our nation's population. These companies are responsible for over 90 percent of the new jobs, over 90 percent of...

Without explanation, presidential candidate Senator Barack Obama (D - IL) has attempted to retract a statement he made in February of this year pledging to end billions of dollars in fraud and abuse in federal small business contracting programs.

Senator Obama's original statement was in response to over a dozen...

Mainstream Media Could Save Thousands of Small Businesses With One Question For Obama and McCain

Thousands of small businesses around the country could be saved from bankruptcy if just one mainstream journalist would ask Senator Barack Obama (D - IL) or Senator John McCain (R - AZ) this...