Securing America Does Not Require Wasting Billions

Mackenzie Eaglen / March 04, 2009

This morning, President Obama signed a Presidential Memorandum that aims to reform government contracting and, he claims, an effort that could potentially save taxpayers up to $40 billion.

President Obama is right to ensure that “the American people’s money is spent to advance their priorities, not to line the pockets of contractors who have figured out how to work the system, or to maintain projects that don’t work.” He is also correct to “reject the false choice between securing this nation and wasting billions of taxpayer dollars.”

Although the new guidelines won’t be introduced until September (begging the questions of where the estimate of $40 billion in savings comes from?), he offered a number of ways he believes cost-savings can be accrued: (more…)