More Contracting Oversight On Capitol Hill
The rush to improve oversight continues.
Sen. Joe Lieberman, chairman of the Homeland Security and Governmental Affairs Committee just announced an ad hoc subcommittee to oversee federal contracting.
"Management of federal contracts is one of the greatest operational challenges facing the federal government," Lieberman (I-Conn.) said in a statement. "Spending on federal contracts rose to an astounding $532 billion last year. And for years the Government Accountability Office has listed government contracting on its list of programs at high risk of waste, fraud, abuse, mismanagement, or in need of comprehensive reform. This is a problem area that needs as much oversight as we can possibly muster."
Heading the new subcommittee will be Sen. Claire McCaskill (D-Mo.), who was among those behind the creation last year of the Commission on Wartime Contracting to examine systemic problems related to the war in Iraq, the reliance on private security forces and other contracting issues.
By the way, take note of that number: $532 billion. Astounding indeed. And that's just the base. With stimulus around the corner, hold on to your horses. Government spending is going up still higher, and fast.
By Robert O'Harrow |
January 30, 2009; 8:00 AM ET
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