WASHINGTON (CNN) – With former presidential rival Sen. John McCain and other congressional critics of government waste by his side, President Barack Obama changed another Bush-era policy Wednesday, announcing a plan to change how the government awards private sector contracts.
“It’s time for a government that only invests in what works,” Obama said when calling for new spending guidelines. “And what’s encouraging is that there is broad, bipartisan consensus on behalf of reform.”
Obama reserved special criticism for defense contractors, saying that the majority of the waste “comes from influence peddling and indefensible no-bid contracts that have cost American taxpayers billions of dollars in Iraq."
Under the new directive, Office of Management and Budget Director Peter Orszag will work with officials in the cabinet and across the federal government to come up with a new set of regulations to govern the process by this September that are intended to open it up to independent contractors and prevent waste and fraud - changes the White House predicted would save as much as $40 billion per year.
Yeah Julie this is what we need. Finally, two guys from the same team getting together. The choice between Bozo and O. Keep a smile girl and just know deep down that your not getting hosed.
To "Karen- PROUD OF MY PRESIDENT", who asked/said "Is it me or does John McCain look crazy."
Yes Karen, it's you. He looks focused, aware, and serious, about something that's an important issue. But do keep looking for ways to be divisive.
AMEN. Someone show me, please, just exactly how much money from KBR is lining the retirement pockets of Cheney.
President Obama, what do you need him for? He's just grandstanding. This is a Democratic issue! He just stood around and watched bush and chenney do this no bid contracts farce for 8 years! Now he's converted? You don't need them for things like this, just do it!
The Republicans are cowards. The Republicans were elected to serve the people not Rush Limbaugh. I guess McCain is off Rush Xmas list.
Was that really John McCain standing there or a cardboard cutout?
Smile Johnny Mc