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Lawmakers push Defense fraud, waste report to influence supercommittee cuts

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-23-11 03:41 PM
Original message
Lawmakers push Defense fraud, waste report to influence supercommittee cuts
Edited on Sun Oct-23-11 03:42 PM by cal04
Lawmakers push Defense fraud, waste report to influence supercommittee cuts
http://thehill.com/news-by-subject/defense-homeland-security/189247-lawmakers-push-report-highlighting-11t-in-defense-spending-waste-fraud

Liberal lawmakers will soon send the congressional deficit panel the details of a Pentagon report that shows defense firms over the last decade ripped off the military to the tune of $1.1 trillion, Democratic sources told The Hill

Pro-military lawmakers from both parties have warned the supercommittee to avoid Pentagon spending cuts beyond the $350 billion ordered by the August debt deal.

But several Senate Democrats want the panel to keep in mind that dollars sent to the Pentagon are often lost to fraud and waste, even as some conservatives raise the possibility of retroactively exempting the Pentagon from the $600 billion cut that will be triggered if the supercommittee fails.

Sen. Bernie Sanders (I-Vt.) last week highlighted what he called a “shocking” internal Pentagon report that concluded defense companies defrauded the military by $1.1 trillion.
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RC Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-23-11 03:51 PM
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1. And that is only what came to light!
Can you imagine all the trillions of 'Off the books' spending that went on the last 10 years?
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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-23-11 04:00 PM
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2. However, the argument that defense has wasted much money
will not be effective against the argument that even more spending is needed on defense.

It is likely that the hawks will argue that Defense has been shorted by the waste and needs the extra spending just to catch up with where they should be.

I kid you not.
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