The House Oversight and Government Reform Committee (chaired by Waxman) has issued this year's report on the state of the federal procurement system. It wasn't pretty last year and is uglier this year.
Take the issue of fair and open competition. The Committee found that $67.5 billion was awarded in 2000 for contracts where there was not fair and open competition. That number grew to $145.1 billion by 2005 and in 2006 was $206.9 billion.
Similarly, waste and fraud continue to grow. Last year the number was $745.5 billion. This year it's $1.1 trillion.
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