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Thursday, October 06, 2011

Sen. Carper to Panetta: Clean up military’s financial management

A Senate subcommittee chairman is urging Defense Secretary Leon Panetta to cut costs by reforming the way the military buys spare parts and correcting flawed battlefield contracting practices.

As Congress looks for ways to trim federal spending and pare the deficit, Sen. Tom Carper (D-Del.) told Panetta in a letter obtained by The Hill that “every aspect of the federal budget — from entitlements to education to defense – has to be on the table.”

The Homeland Security Federal Financial Management, Government Information, Federal Services and International Security subcommittee chairman said that officials and lawmakers “should first look in every nook and cranny of the federal government to make sure that we’re getting the most bang for our buck.”

In short, Carper told Panetta that “we need to get better results for less money in almost everything we do.”

The Pentagon needs to clean up its financial management as the nation grapples with its fiscal woes, he told Panetta, a former Office of Management and Budget chief.

-John T. Bennett, TheHill.com

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