On the recordMarch 15, 2011
This is a bipartisan amendment that is being cosponsored by the chair of the committee, Senator Landrieu, as well as Senator Coburn, who, as we all know, has been recognized as a true leader in this body for streamlining the Federal Government. We had a discussion recently about what programs or agencies or entities could be eliminated, and we readily identified the National Veterans Business Development Corporation--simply known as the TVC--as an example of an organization that the Federal government should sever its ties with, for the reasons that I will enumerate, Madam President. The Veterans Corporation has been ineffective and controversial since its inception as part of the Veterans Entrepreneurship and Small Business Development Act back in 1999. In fact, in December of 2008, the former Small Business Committee chairman, Senator Kerry, and I investigated the Veterans Corporation and issued a report detailing the organization's blatant mismanagement and the wasting of taxpayer dollars.
