In late June, the Subcommittee on Investigations, Oversight and Regulations, of the U.S. House of Representatives' Committee on Small Business, in conjunction with the Veterans Affairs Subcommittee on Oversight & Investigations, held a joint hearing on "Manipulation and Fraud in the Reporting of VA Small Business Goals."
In a subsequent press release, Rep. Steve Chabot (R-OH), chair of the House Committee on Small Business, shared some thoughts on what his committee believes is flawed reporting of federal contracting goals by the Small Business Administration (SBA).
"The SBA is robbing small businesses," said Rep. Chabot. "For every dollar the SBA doesn't count, small businesses are losing 23 cents. In FY 2014, that means small businesses lost nearly $18 billion in contractors."
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