Winston Wheeler: Lies, Damn Lies, & Panetta-Pentagon Criminal Insanity
Cost growth in the last year in DOD’s acquisition system was $74 billion, 34 percent more than the $55 billion presumed to occur in the sequester in January; while the time frames are different (see discussion below), so much for Secretary of Defense Panetta’s asinine rhetoric that sequester would be a “Doomsday.” Analysis of two recent acquisition reports …
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