Big Decision

Friday - 11/7/2008, 2:58pm EST

There was a big court decision this week that could have huge ramifications on small business set aside requirements.

A federal appeals court has ruled that a law calling for minority-owned companies to receive 5 percent of defense contracting dollars is unconstitutional.

The court said that there wasn't enough evidence that the Pentagon discriminates against those firms.

Guy Timberlake of the American Small Business Coalition helps us make sense of the rules. Click to hear the interview.