Transcript: STATEMENT BY THE VICE PRESIDENT ON EXECUTIVE ORDER INCREASING THE PROCUREMENT OPPORTUNITES FOR WOMEN OWNED BUSINESSES

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The President today signed an Executive Order reaffirming our Administration's commitment to meeting a five percent goal for Federal government procurement of goods and services from women-owned businesses.

Over the past three years the women's procurement goal has only increased by 1/10 of 1 percent and this year we project that number to increase only to 2.3 percent. The executive order signed today gives the more than 9.1 million women across this country with businesses the leverage they need to increase their procurement opportunities within the federal government.

Both the President and I recognize the enormous contribution that women-owned small ...

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