Wednesday, December 17, 2008

Hey Congress where is the oversight?

Expense account dinners, first class travel, luxury hotels and top pay. Sounds nice, right?
That's how a nonprofit group "squandered" federal funding it received from Congress to help veterans start small businesses.

A Senate investigative report said the group, the National Veterans Business Development Corp., aka Veterans Corp, spent just 9 percent of its budget last year on the small business centers it was supposed to start and run.

One reader writes: "The Veterans Corporation is not a veterans group or organization. It was created by Congress and not by military veterans. Even the use of the word 'veterans' in their name is tainting 'real' veterans organizations."



Read Rest Here: http://voices.washingtonpost.com/government-inc/2008/12/veterans_group_falls_short_was.html


Senate Report: http://sbc.senate.gov/Committee%20Report%20on%20TVC.pdf

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