Waxman & Oversight Committee: Worsening Contracting Trends Under the Bush Administration

Hissyspit

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Wed Jun-27-07 11:03 AM
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Waxman & Oversight Committee: Worsening Contracting Trends Under the Bush Administration

http://www.oversight.house.gov/features/moredollars

More Dollars, Less Sense: Waste, Fraud, and Abuse in Federal Government Contracting

Last year, Rep. Henry A. Waxman released the first comprehensive assessment of government contracting under the Bush Administration. One year later, this new report finds that the worrisome trends identified last year have worsened significantly. For the first time, (1) annual federal procurement spending crossed the $400 billion threshold, (2) more than half of this spending � over $200 billion in new contracts � was awarded without full and open competition, and (3) the total value of wasteful federal contracts now exceeds $1 trillion.

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ixion

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Wed Jun-27-07 11:04 AM
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1. the total value of wasteful federal contracts now exceeds $1 trillion

:wow: :argh: :grr:

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halobeam

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Wed Jun-27-07 11:11 AM
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2. what problems we could have solved with that money.

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Bandit

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Wed Jun-27-07 11:21 AM
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3. Aww heck the US Treasury still has some left in it so what's the problem?

Give em a few more months and then issue a report. Let the Surge work.....We must allow smiles on Republican faces after they leave office...

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ellenfl

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Wed Jun-27-07 11:52 AM
Response to Reply #3

4. we still have checks on our checkbook, right? eom

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