Big Business Takes Small Business' Money

New analysis of federal contractor data shows big companies are getting billions meant for small businesses. Analysts at Bloomberg Government crunched the numbers. They found big firms got 45 percent of the more-than-$10 billion intended for small businesses in fiscal 2011. Experts attribute it to an overwhelmed federal acquisition workforce that doesn't take the time to find qualified small firms. They also say there are too many exemptions and lax enforcement of the rules. Advocates say the Small Business Administration and President Barack Obama need to fix the situation now.