Tuesday, April 1, 2008
Your Tax Dollars At Work
- The Government Accountability Office found that 95 major systems have exceeded their original budgets by a total of $295 billion, bringing their total cost to $1.6 trillion, and are delivered almost two years late on average.
- Auditors said the Defense Department showed few signs of improvement since the GAO began issuing its annual assessments of selected weapons systems six years ago. "It's not getting any better by any means," said Michael Sullivan, director of the GAO's acquisition and sourcing team. "It's taking longer and costing more."
- The classified budget of the Defense Department, concealed from the public in all but outline, has nearly doubled in the Bush years, to $32 billion.
$32 billion a year - no questions asked. That comes on top of roughly 1/2 trillion per for Defense. This is more than half of the discretionary budget each year.
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