Procurement spending grew 86 percent from 2000 to 2005, but management problems have resulted in significant levels of waste and abuse, according to a report released by Democratic lawmakers last week.
The report, titled "Dollars, Not Sense," was prepared by Democrats on the House Government Reform Committee, and was based on more than 500 reports by the Government Accountability Office, agency inspectors general and the Defense Contract Audit Agency, as well as interviews and data from a government procurement database.
Investigators found that procurement spending has increased significantly under the Bush administration, growing by 86 percent from $203 billion in fiscal 2000 to $377.5 billion in fiscal 2005. The present spending level represents a record 40 cents on every dollar of federal discretionary spending, according to the report.
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