Pantsless Progressive

Audit of Pentagon Spending Finds $70 Billion in Waste | NY Times

Despite improvements, more than half of the Pentagon’s big weapons systems still cost more than they should, with management failures adding at least $70 billion to the projected costs over the last two years, government auditors said Tuesday.

The Government Accountability Office, a Congressional watchdog, said the biggest program, the F-35 Joint Strike Fighter, accounted for $28 billion of that increase. Other systems also had significant cost overruns, the agency said, adding that the increases could force the Pentagon to cut the number of ships and planes it buys.

The auditors said many of the problems occurred because the Pentagon began building the systems before the designs were fully tested.

The findings were significant because Congress and the Obama administration have promised to change many of the practices that have long allowed weapons costs to spiral out of control. [read more]


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    And now for 2012 Budget the ‘publicans (Rep Ryan, et al) want to keep ‘defense’ spending at whatever level it needs to...
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