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Fraudulent Defense Contractors Paid $1 Trillion
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| Contributor | RP |
| Last Edited | RP Oct 20, 2011 04:54pm |
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| Category | Report |
| News Date | Thursday, October 20, 2011 10:00:00 PM UTC0:0 |
| Description | Hundreds of defense contractors that defrauded the U.S. military received more than $1.1 trillion in Pentagon contracts during the past decade, according to a Department of Defense report prepared for Sen. Bernie Sanders.
Sanders (I-Vt.) called the report "shocking." He said aggressive steps must be taken to ensure taxpayer dollars aren't wasted.
"The ugly truth is that virtually all of the major defense contractors in this country for years have been engaged in systemic fraudulent behavior, while receiving hundreds of billions of dollars of taxpayer money," said Sanders. "With the country running a nearly $15 trillion national debt, my goal is to provide as much transparency as possible about what is happening with taxpayer money."
A Sanders provision in a defense spending bill required the report and directed the Department of Defense to recommend ways to punish fraudulent contractors. The Pentagon said sanctions already are in place. "It is not clear, however, that these remedies are sufficient ... to deter and punish fraud when it is detected." That tone was different than what the Pentagon said in a preliminary report last January, which declared that ‘the department believes that existing remedies with respect to contractor wrongdoing are sufficient." |
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