Wednesday, September 30, 2009

$500 billion in defense contract oversight blurred

Oversight Reports Slam Dysfunction At Defense Contract Audit Agency:

The office in charge of auditing Pentagon contracts is beset by incompetence and possibly malfeasance that has allowed big defense contractors to line their pockets at taxpayer expense, according to two new government oversight reports.

Last year, the obscure but important arm of the federal government called the Defense Contract Audit Agency looked at $501 billion in contractor costs.

But think of the money Mr. Bush's friends made. Isn't that what we pay taxes for??

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