Thursday, June 28, 2007

Record Government Waste

A report to Congress suggests government waste has hit an all time high. From ABC's Blotter:

The U.S. government has committed to spend a record-high $1.1 trillion with companies holding government contracts "plagued by waste, fraud, abuse or mismanagement," according to a new report by the House Oversight and Government
Reform Committee.
The report says more than $200 billion of your money was spent on projects with little or no competitive bidding -- triple the amount from back in 2000. (ABC)

No comments: