State Dept. Contractors Get Biggest Boost in Percentage of Federal Awards
The report, Dollars, Not Sense: Government Contracting Under the Bush Administration, points out among its findings that the State Department "had the largest percentage increase in procurement spending of any major federal agency over the last five years. In 2000, the Department of State spent $1.2 billion on federal contracts. By 2005, this spending grew by $4.1 billion to $5.3 billion, an increase of 331.9%. Across all federal departments and agencies, it identifies more than 100 contracts collectively worth over $700 billion that have been found by government auditors or investigators to involve substantial waste, fraud, abuse, or mismanagement.
Dollars, Not Sense, which the committees Special Investigations Division prepared for Rep. Henry Waxman (D-Cal.), also reveals that between 2000 and 2005, the federal governments annual procurement spending rose by $174.4 billion, from $203.1 billion in 2000 to $377.5 billion in 2005. The largest annual increase occurred between 2004 and 2005, when procurement spending jumped by $48 billion.
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