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Archive for June 27th, 2007

Waxman: ‘More dollars, less sense’ in Bush procurement spending

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During the administration of President Bush, federal procurement spending has reached unprecedented levels, according to the House Committee on Oversight and Government Reform.

In a study titled “More Dollars, Less Sense” released today, Rep. Henry Waxman said more than half the such spending went to contracts not subject to full and open competition, according to Hill News. (See full report as PDF.) Says the News:

For the first time, 40 cents of every discretionary dollar spent by the federal government has gone to a contract with a private company.

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Written by Dr. Denny Wilkins

June 27, 2007 at 4:39 pm

Posted in Uncategorized