President Focuses On "Cleaning Up" Federal Contracting

Today, with Senators McCain, Levin, and McCaskill by his side, President Obama announced a major presidential contracting reform initiative to "turn the page on an era of irresponsibility in which taxpayer dollars were used to line contractors' pockets or maintain projects that do not work." President Obama signed a Presidential memorandum requesting new legislation and executive branch guidance to strengthen oversight and management of taxpayer dollars, end unnecessary no-bid and cost-plus contracts, maximize the use of competitive procurement processes, and clarify rules prescribing when outsourcing is and is not appropriate.