Following the Pentagon’s Money Trail

More Money, More Money, More Money

The Pentagon is working on a plan to improve cost controls for weapons systems, after the Government Accountability Office issued a report about cost escalations. The Senate Homeland Security Subcommittee on Federal Financial Management heard about the Pentagon’s plan from Dr. James Finley, Deputy Under Secretary of Defense for Acquisition and Technology. He answered questions from Subcommittee Chairman Tom Carper and ranking member Tom Coburn.

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We got a wider view of measuring the cost growth of weapons projects from Dr. James Carafano of the Heritage Foundation.

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Transition: On Track

Many Congressional committees are keeping an eye on how your agency, and all the others, are preparing for the upcoming transition. The House Oversight Subcommittee on Federal Management was just the latest to check on how the agencies are doing. One witness at Wednesday’s hearing was Professor Martha Kumar, Director of the White House Transition Project. She talked to me today about her testimony, the importance of the transition team’s relationship with Congress, and how the agencies are doing getting ready for the handoff.

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Pay-go – It Does a Budget Good

The House Budget Committee talked about reforming the Federal budget process with Maya MacGuineas of the Committee for a Responsible Federal Budget, Richard Kogan of the Center on Budget and Policy Priorities, and Dr. Eugene Steuerle of the Peter G. Peterson Foundation.

Click to hear this hearing highlight

Click to watch the entire hearing

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