ICYMI: “Pentagon looks for $100 billion in cost savings”

Today’s Washington Post reports on the Pentagon’s attempt to cut spending by $100 billion:

Pentagon officials said Monday that they plan to try to cut as much as $100 billion over the next five years out of the billions of dollars spent annually in buying weapons systems and other services from outside contractors.

Gates said the effort is part of his plans in “reforming the way the Pentagon does business.” He said he has asked Pentagon officials over the past month to “take a hard, unsparing look at how the department is staffed, organized and operated. . . . As a matter of principle and political reality we must do everything possible to make every taxpayer dollar count,” he said.

“The savings we are seeking will not be found overnight,” Carter said. “It has taken years for excessive costs and unproductive overhead to creep into our business processes, and it will take years to work them out.”

Please click here to read the entire Washington Post article.

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