President Obama now putting the kibosh on wasteful contractors

[babylonsister]

and spending.

Gov't will reform the way they do business on contracting. End unnecessary no-bid contracts. Need more competition and oversight.

Halliburton is reeling, no doubt.

I've been waiting to hear this-it's way past time.

[babylonsister]

1. MORE: Obama to Order New Contracting Rules in Bid to Save $40 Billion

Obama to Order New Contracting Rules in Bid to Save $40 Billion

By Kim Chipman and Julianna Goldman


March 4 (Bloomberg) -- President Barack Obama will order administration officials to set new rules on government contracting in a bid to cut as much as $40 billion in federal spending, a White House official said.

Obama, who will sign a presidential memorandum later today, will call for an overhaul of a “broken” system of government contracting, whose spending has doubled over the past eight years to more than half a trillion dollars, according to the official, who spoke on condition of anonymity.

The Democratic president is seeking to halt outsourcing of work that could be done by the government and to open up contract bidding to small businesses. He also wants to increase oversight of weapons acquisitions and end unnecessary “no-bid” contracts, the official said.

Such actions could save taxpayers as much as $40 billion a year while also improving the quality of government service, Obama will say, according to the official.

White House budget director Peter Orszag will work with Obama’s Cabinet officials and agency chiefs to come up with new, more stringent guidance on contracting by the end of September, according to the official.

more...

http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=a1Yv9s3s36yw

[genna]

2. Republicans were the cause of the employee yet not subcontractor movement

right?

Prior to Clinton?
No benefits?