Small Businesses Rally Support for Campaign Finance Transparency

The Obama administration is planning to issue an executive order that would require government contractors to disclose their political contributions. This will at least shed light on whether taxpayer dollars are used to influence elections now that, because of the Citizens United decision, corporations -- including government contractors -- are permitted to spend unlimited money from their general treasuries on elections.

Of course, massive corporations and the U.S. Chamber of Commerce would prefer that these political donations remain a secret in order to preserve their enormous advantage in our current pay-to-play system.

It’s no surprise that their staunch ally Darrell Issa, chairman of the House Oversight & Government Reform committee, is holding yet another politically-motivated hearing, with a stacked witness list, to find out if “President Obama’s proposal would curb free speech and hurt small businesses.”

A coalition of representatives from the American Independent Business Alliance, the American Small Business Council, the South Carolina Small Business Chamber of Commerce and small business owners find this suggestion laughable. In a press telebriefing held this morning, the panel described how it is in fact the exact opposite—the current scenario in which large corporations make political contributions without disclosure requirements – that is detrimental to small business.

Panelists expressed their dismay at how government contracts are awarded to large corporations, when small businesses can provide a better product at significantly lower cost. They wonder what they have to do to get the same sweetheart deals that the large companies with deep pockets and lobbying shops are getting. The problem is that we’ll never know unless these corporations are forced to disclose their political contributions. The fact that they won’t shows that they have something to hide—and Americans would surely demand better stewardship of their tax dollars if they knew that their money was ultimately being used for political purposes instead of on services to benefit the public interest. As Marybeth Gardam, owner of EarthStuff LLC summarized, “Transparency is a small business value.”

It is also an American value, and one that we should demand throughout our political system.

People For president Michael Keegan has more on the disclosure proposal in the Huffington Post.

PFAW