Political Quotes

“Mr. President, I rise today to introduce legislation to cease federal involvement in the National Veterans Business Development Corporation. This bipartisan bill would cease, once and for all, Federal involvement in the National Veterans Business Development Corporation, also known as The Veterans Corporation or simply TVC. Let me begin by thanking the bill's cosponsors, former Small Business Committee Chair Kerry and Senator Coburn. Senator Coburn, as most in this body will recognize, is a true leader in efforts to streamline the Federal Government. Recently he spoke with us about ideas for Federal entities or programs that could be eliminated and we readily provided TVC as an example of an entity that we had already identified that the Federal Government should sever its ties with. I want to say at the outset that an amendment, with identical text as our legislation, passed the Senate by a vote of 99 0 in May of 2011, but the bill it was attached to did not pass. We are introducing this repeal as a standalone bill because TVC has been ineffective and controversial since its inception as part of the Veterans Entrepreneurship and Small Business Development Act, P.L. 106 50 in 1999. In December of 2008, former Small Business Committee Chairman Kerry and I investigated TVC, and issued a report detailing the organization's blatant mismanagement and wasting of taxpayers' dollars.…”