Reps. Steel and Porter Introduce Bill Aimed to Help Veteran-Owned Businesses

A new bipartisan bill from the U.S. House of Representatives was introduced to help veteran-owned businesses remain competitive, Reps. Michelle Steel (R-Calif.) and Katie Porter (D-Calif.) announced on Feb. 1. The bill, called the Driving Veterans Success Act, would create a new Veterans Business Enterprise Program. The program would require the Department of Transportation to ensure at least 10 percent of all future federal highway and transit contracts go to veteran-owned small businesses. Steel and Porter both said that the brave men and women who served their country and continue to serve their communities deserved more support by allowing them to compete for federal funds on an “equal playing field.” “The veterans’ unemployment rate went up during the pandemic, and I think we should help small businesses, especially the 2.5 million small businesses owned by American military veterans,” Steel told The Epoch Times. The move comes as veteran-owned businesses are not …

Read More

RSS Feed | The Epoch Times