Obama takes aim at costly defense contracts
By Ross Colvin Ross Colvin – Wed Mar 4, 2009
WASHINGTON (Reuters) – President Barack Obama said on Wednesday the U.S. government was paying too much for things it did not need and ordered a crackdown on spending "plagued by massive cost overruns and outright fraud."
It's a start...
But... I hope he moves beyond simple cost control & contract review, and starts questioning the Pentagon's budget overall.
What are we buying for $600Bn/year? Is it what we need?
Again - a focus on abuse & putting controls in place is better than nothing - but much more needs doing!
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