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News & Analysis | REG•WATCH Blog | Press Room
Friday, June 23, 2006
Where the Real Waste Is
Proponents of sunset commissions support their drive to eliminate important programs like Head Start, GEAR UP, TRIO, Even Start, the Land and Water Conservation Program, OSHA, and more by declaring that they simply want to eliminate waste. Maybe the real waste is the Bush administration's failure to manage the federal contracts it gives to its allies in the corporate sector:
Rep. Waxman today released a comprehensive assessment of procurement spending by the Bush Administration. The 65-page report finds that spending on contractors over the past five years has ballooned, growing faster than any other part of the discretionary budget and increasing five times faster than inflation. The report also contains the first government-wide estimate of the number and value of "problem contracts" under the Bush Administration, detailing 118 contracts worth over $745 billion that have experienced significant overcharges, wasteful spending, or mismanagement.
[Via Government Reform Democrats]
Posted by Robert Shull
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